SEC starts testing of the Canary Hbar ETF-Hbar trade reacts with 5.73% decline

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SEC-Prüfung des Canary HBAR ETF eingeleitet Die US-amerikanische Securities and Exchange Commission (SEC) hat die Prüfung des Canary HBAR Exchange-Traded Funds (ETF) eingeleitet. Dieser Schritt markiert den Beginn einer Phase, in der die Öffentlichkeit Stellungnahmen zu dem geplanten Finanzprodukt abgeben kann. In der Folge reagierte der Handel mit HBAR, der Kryptowährung hinter dem Hedera-Netzwerk, negativ …
SEC test of the Canary Hbar ETF Introduced The US Securities and Exchange Commission (SEC) has initiated the exam of the Canary Hbar Exchange-Traded Fund (ETF). This step marks the beginning of a phase in which the public can make statements about the planned financial product. As a result, the trade reacted with HBAR, the cryptocurrency behind the Hedera network, negative ... (Symbolbild/KNAT)

SEC examination of the Canary Hbar ETF

The US Securities and Exchange Commission (SEC) has initiated the exam of the Canary Hbar Exchange-Traded Fund (ETF). This step marks the beginning of a phase in which the public can make statements about the planned financial product.

In the result, the trade reacted with HBAR, the cryptocurrency behind the Hedera network, negatively to this message and recorded a decrease of 5.73%. Despite the decline, sales remained stable, which indicates a persistent interest of investors.

These developments are significant because they reflect the regulatory landscape for cryptocurrencies and corresponding financial products in the USA. The public participation in the examination process could also have an impact on the future approval and structure of the HBAR ETF.

Overall, the situation around the Canary Hbar ETF and the reaction of the markets remains an important point for observers and investors in the crypto area.