Canary HBAR ETF SEC Approval Update: How Close Is It?

By / / Crypto News, Daily News
Canary HBAR ETF SEC Approval Update: How Close Is It?
Table Of Contents
  1. Canary HBAR ETF’s Progress and Regulatory Roadmap
  2. Could Litecoin’s ETF Set a Precedent for HBAR?
  3. Is the SEC Becoming More Crypto-Friendly?
  4. What’s Next for Canary’s HBAR ETF?
  5. Crypto ETFs That Faced SEC Resistance

Canary HBAR ETF’s Progress and Regulatory Roadmap

Canary has recently submitted an amended S-1 registration statement for its HBAR ETF, a move that typically follows discussions with the U.S. Securities and Exchange Commission (SEC). While this signals ongoing regulatory engagement, the ETF still requires a critical 19b-4 filing before it can be approved. Without this step, trading remains off the table, leaving investors eager for updates.

Could Litecoin’s ETF Set a Precedent for HBAR?

The path taken by the Litecoin ETF (LTCC) is giving investors hope for HBAR’s chances. Like HBAR, Litecoin’s ETF also underwent an amended filing phase before advancing further. According to Polymarket data, the Litecoin ETF currently has an 85% likelihood of approval this year. If the SEC’s stance on crypto ETFs is evolving, Canary’s HBAR ETF might benefit from this shifting regulatory climate.

Is the SEC Becoming More Crypto-Friendly?

The SEC’s recent approval5 of Bitcoin spot ETFs marks a pivotal shift in its approach to cryptocurrency-based financial products. While this suggests growing regulatory acceptance, each new ETF still undergoes rigorous scrutiny. Approval of the HBAR ETF will hinge on market stability, investor protection, and compliance with SEC standards. A rejection could signal continued regulatory caution, while approval could unlock new institutional investment opportunities in the Hedera ecosystem.

What’s Next for Canary’s HBAR ETF?

The next major milestonez is the submission of the 19b-4 filing. Without this, the ETF cannot progress toward approval. Investors are closely monitoring whether the SEC expedites or delays the process. If approved, this ETF could pave the way for broader HBAR adoption, offering institutional investors a regulated gateway into Hedera’s growingz ecosystem. Until then, speculation and anticipation continue to build.

Crypto ETFs That Faced SEC Resistance

While some crypto ETFs have gained2 traction, others have faced regulatory roadblocks. Previous applications for XRPz and Solana ETFs were delayed due to concerns over market manipulation and liquidity risks. Even Ethereum’s spot ETF has encountered multiple delays, underscoring the SEC’s cautious stance on crypto investments. Historically, the SEC has cited fraud, volatility, and investor protection as primary reasons for rejecting ETFs. If HBAR’s ETF follows a similar trajectory, it could indicate continued regulatory hesitancy. However, if Canary can successfully address these concerns, there’s still a strong case for approval in the future.

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