Canary and Grayscale ETFs Experience Significant Flows

Recent data from SoSoValue, cited by ChainCatcher, highlights significant trading activity within ETF markets. On November 25th at Eastern Time, the Canary HBAR Spot ETF saw a notable net inflow of $986,000. This brings the total net asset value to $61.73 million with an HBAR net asset ratio of 1% relative to its market capitalization. Conversely, the Canary LTC Spot ETF experienced no net inflow, maintaining a net asset value of $7.35 million with a comparatively modest net asset ratio of 0.11% compared to its market cap. On the other hand, Grayscale’s DOGE Spot ETF saw a net inflow of $1.8 million, boosting the total net asset value to $3.5 million with a net asset ratio of just 0.02% relative to its overall market capitalization.