Ah, another day, another waiting game. This time, it’s Canary Capital Group’s turn to experience the thrill of suspense as they filed an application with the SEC for a HBAR ETF. Steven McClurg, the lucky representative, is presumably holding his breath as we all wait for a decision that could make history or… not. 🤷♂️
Form S-1: Because Every Application Needs a Fancy Name
Yes, folks, the grand paperwork was submitted under Form S-1. It’s the official vehicle for making an application look all business-like. Delaware gets a mention as the state of incorporation, and Chapman and Cutler LLP are doing their best to look important as legal counsel. Meanwhile, in the SEC’s corner, the clock ticks on…
The Ever-Expanding Queue of Crypto ETFs: What’s One More Delay?
And so, the saga continues. The SEC has had no problem delaying crypto ETFs like they’re collecting them as a hobby—this latest delay follows in the footsteps of others linked to Ethereum and Solana. The Hedera community had high hopes for this HBAR ETF, imagining a world where broader adoption and institutional exposure become a reality. But, as we know, hope is a fragile thing in the world of regulatory decisions.
Canary Capital hasn’t bothered to comment yet, possibly because they’re still trying to process the delay. And really, who could blame them?
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2025-06-11 15:59