Canary ETFs See Significant Inflows from Retail Investors

Recent data reveals substantial inflows into Canary’s HBAR and Litecoin exchange-traded funds (ETFs), according to SoSoValue. On October 31st, the Canary HBAR Spot ETF witnessed a net inflow of $12.28 million, bringing its total value to $45.93 million with a net asset ratio of 0.55% relative to HBAR’s market capitalization. Canary’s Litecoin Spot ETF also reported significant inflows, totaling $230,000, resulting in a current net asset value of $1.64 million and a net asset ratio of 0.02% compared to Litecoin’s market capitalization. This indicates increased interest from individual investors in these specific cryptocurrency-linked ETFs.