Canary

Hedera

ETF COIN

Bold

Digital asset managers are making notable moves to get as many tokens as possible approved for exchange-traded funds (ETF). The latest in this trend is that the NASDAQ Stock Market has submitted a<a href="https://listingcenter.nasdaq.com/assets/rulebook/nasdaq/filings/SR-NASDAQ-2025-018.pdf"> 19b-4 filing</a> with the U.S. Securities and Exchange Commission (SEC) on behalf of Canary Capital. 
<h2 id="b-hedera-etf-filing-gains-momentum-b">Hedera ETF Filing Gains Momentum</h2> 
Notably, the filing is for a spot Hedera (HBAR) ETF. HBAR is the native token of Hedera, a decentralized public network that uses the Hashgraph consensus algorithm to facilitate fast and secure transactions globally. 
Interestingly, the crypto investment firm was the first to file an S-1 registration for the Canary HBAR ETF. If approved, the fund will provide institutional investors exposure to the value of HBAR. 
Regarding ETF approval, a 19b-4 filing is the second stage in a two-step process when proposing a crypto ETF to the U.S. regulatory body. Canary Capital will have to await acknowledgment from the SEC and will know when the filing is published in the Federal Register. 
<h2 id="b-analysts-tips-hbar-among-top-etf-contenders-b">Analysts Tips HBAR Among Top ETF Contenders</h2> 
According to the filing, the Hedera Network’s principal aim is not to operate a payment system or store value. Unlike other publicly distributed ledger technology (DLT) networks, a cryptocurrency must operate seamlessly and prompt the network’s consensus behavior. 
In an analysis of the filing’s chances, Eric Balchunas, Bloomberg’s Senior ETF analyst,<a href="https://x.com/EricBalchunas/status/1893997773256622197"> noted</a> that among the recent filings, HBAR and<a href="https://thecoinrise.com/litecoin-daily-transactions-soar-to-9-6b-as-etf-hype-builds/"> Litecoin</a> have the best odds and are in the lead. 
Meanwhile, following the filing, HBAR registered a mild uptick of 3.88% and<a href="https://coinmarketcap.com/currencies/hedera/"> traded</a> at $0.2176 in the crypto market. The token is experiencing massive investor interest as trading volume soared 230.84% to $527.86 million. 
<h2 id="b-is-hbar-s-long-term-100x-growth-possible-b">Is HBAR’s Long-Term 100x Growth Possible?</h2> 
HBAR has been a major attraction in the digital asset space due to its unique hashgraph that provides better speed and scalability. This makes it a<a href="https://thecoinrise.com/hbar-polkadot-show-bullish-trends-but-web3bays-100x-growth-potential-takes-center-stage-presale-hits-1-4m/"> strong competition in the market</a> despite its seemingly low value. It has also contributed to its price performance. 
Some analysts have predicted that<a href="https://thecoinrise.com/hbar-shows-bullish-signals-sui-turns-bearish-while-blockdags-5-usdt-cashback-draws-millions-to-presale/"> HBAR’s bullish signals</a> suggest that the token could climb and grow by 100x. The prediction relies on the recent partnership with technology giant NVIDIA and Intel.&nbsp; 
The post <a href="https://thecoinrise.com/canary-capital-ignites-etf-race-with-bold-19b-4-filing-for-hedera/">Canary Capital Ignites ETF Race with Bold 19b-4 Filing for Hedera</a> appeared first on <a href="https://thecoinrise.com/">TheCoinrise.com</a>.

Canary Capital Ignites ETF Race with Bold 19b-4 Filing for Hedera

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