HBAR ETF Goes Live on Nasdaq During U.S Government Shutdown
The post HBAR ETF Goes Live on Nasdaq During U.S Government Shutdown appeared first on Coinpedia Fintech News
The Hedera (HBAR) community is celebrating a major milestone as the network’s first U.S. exchange-traded fund (ETF) is set to start trading on Nasdaq this Tuesday, October 28, 2025.
The Canary Capital HBAR ETF, trading under the ticker HBR, will give investors direct spot exposure to HBAR, making it easier for institutions and advisors to invest in the network without managing crypto wallets.
A Breakthrough for Institutional Investors
Crypto Analyst Mark Chadwickx confirmed the listing, calling it a major step for institutional access to HBAR through Nasdaq. Many saw this as a huge credibility boost for the network.
Canary Capital CEO Steven McClurg confirmed the ETF launch after the company completed all required filings, using the SEC’s shutdown playbook, which allows new ETFs to go live 20 days after filing, even when regulators are short-staffed.
The new HBAR ETF will hold actual HBAR tokens in custody with BitGo and Coinbase Custody, while CoinDesk Indices will provide official price tracking.
Alongside the HBAR product, Canary is also rolling out a Litecoin (LTC) ETF, both debuting in what’s turning out to be a busy week for new crypto fund listings in the U.S.
Crypto Community Reacts
The Hedera ETF launch stirred quite a buzz on social media. X users praised Hedera’s quiet strength, noting that while Bitcoin and Ethereum dominate headlines, Hedera has been steadily handling over 10,000 transactions per second for giants like IBM and Google. They described the ETF launch as “institutional stealth mode activated,” hinting at growing big-money interest behind the scenes.
However, not everyone was convinced. Another User, LuckyToken7777, cautioned that listing and full SEC approval are different matters, warning traders to be careful of potential hype-driven price moves.
Faster ETF Approvals Under New SEC Rules
However, the launch timing isn’t random. In mid-September, the SEC approved new listing standards that make it easier for exchanges to list spot commodity ETFs like HBAR, Solana, and Litecoin. These new standards cut down the long review times that previously delayed crypto ETF launches.
Despite the ongoing U.S. government shutdown, Elenor Terrett explained that these ETFs can still go live because the 8-A filings, which register ETF shares for trading, have been certified, and the S-1 filings include language allowing them to take effect automatically after 20 days without SEC intervention.
Having said that, this rule change has opened the door for multiple ETF debuts, including Bitwise’s Solana ETF on the NYSE and Canary’s listings on Nasdaq, all happening within days.
For Hedera, this marks a major turning point. The ETF not only increases market visibility but also gives traditional investors access to HBAR through regulated brokerage accounts, a big leap for a blockchain known for its enterprise and institutional partnerships with companies like IBM and Google.
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FAQs
The Canary Capital HBAR ETF (ticker: HBR) is a new investment fund on Nasdaq that holds actual Hedera tokens, giving investors direct spot exposure to HBAR without needing to manage a crypto wallet.
You can invest in the HBAR ETF (HBR) through any standard brokerage account that offers access to Nasdaq, just like you would trade any other stock or exchange-traded fund, starting October 28, 2025.
The ticker symbol for the new spot Hedera ETF on the Nasdaq exchange is HBR. This is the symbol you will use to find and trade the fund in your brokerage account.