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SEC Delays Decision on Canary Capital’s HBAR ETF Filing

  • Canary Capital Group's HBAR ETF filing decision by the SEC has been delayed.
  • The application is under Form S-1 listing Delaware as the state of incorporation and Chapman and Cutler LLP as legal counsel.
  • This delay adds the ETF to the list of pending crypto-based ETFs awaiting clarity from the SEC.
  • Similar delays have been seen with other crypto ETFs tied to Ethereum and Solana.
  • The approval of the HBAR ETF was anticipated to be a significant moment for wider adoption and institutional exposure in the Hedera community.
  • Canary Capital has not commented on the delay or the expected timeline for the SEC's decision.
  • The news was reported on Coindoo.
  • Bitcoin is aiming for $120,000 while altcoins are showing potential for historic breakouts.

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