SEC Delays Decision on Canary Capital’s HBAR ETF Submission

Canary Capital Group has filed its application for a HBAR exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). The contact representative listed on the filing is Steven McClurg. The registration details were submitted under Form S-1, indicating Delaware as the state of incorporation and Chapman and Cutler LLP as legal counsel. This delay adds another crypto-based ETF to a growing backlog of applications awaiting SEC approval.