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No net inflow or outflow on the first trading day for the US Hedera Spot ETF and Litecoin Spot ETF.

No net inflow or outflow on the first trading day for the US Hedera Spot ETF and Litecoin Spot ETF.

ForesightNewsForesightNews2025/10/29 03:42
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Foresight News reported that the Canary HBAR ETF (ticker: HBR) and Canary Litecoin ETF (ticker: LTCC) have been listed on Nasdaq in the United States, marking the first spot ETFs for these cryptocurrencies in the US. In terms of asset size on the first day of listing, both were significantly smaller than the Solana spot ETF, which launched on the same day with $290 million in assets, falling short of market expectations. According to SoSoValue data, HBR saw no net inflow or outflow on its first day, with a trading volume of $8.63 million and a total net asset value of $1.09 million. The HBAR net asset ratio (market value as a percentage of HBAR's total market cap) reached 0.01%. LTCC also saw no net inflow or outflow on its first day, with a trading volume of $1.38 million and a total net asset value of $969,000. The LTC net asset ratio (market value as a percentage of LTC's total market cap) also reached 0.01%.


The Canary HBAR ETF supports both cash and in-kind creations and redemptions, but does not support additional yield through HBAR staking, with a management fee rate of 0.95%. The Canary Litecoin ETF only supports cash creations and redemptions, with a management fee rate of 0.95%.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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