Hedera Spot ETF Sees $1.57 Million Inflow as Litecoin ETF Gains $200,000

Canary’s Hedera spot ETF grew to $66.69M in assets with a 0.90% market share on Nov. 5, while its Litecoin ETF remained at $2.62M with no inflows.

LTC
HBAR

Summary

On Nov. 5, Canary’s Hedera spot ETF posted a $1.92 million net inflow, increasing total assets to $66.69 million and capturing a 0.90% share of the HBAR market. In contrast, the Canary Litecoin spot ETF recorded no inflows, maintaining assets at $2.62 million. The data underscores divergent investor interest between the two cryptocurrency ETFs.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as a cryptocurrency, rather than derivatives.