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US SEC Reviews Nasdaq’s Proposal to List Canary HBAR ETF Under Commodity-Based Trust Shares Rule in Collaboration with BitGo Trust Company Inc. and Coinbase Custody Trust Company, LLC

US SEC Reviews Nasdaq’s Proposal to List Canary HBAR ETF Under Commodity-Based Trust Shares Rule in Collaboration with BitGo Trust Company Inc. and Coinbase Custody Trust Company, LLC

On 7 March 2025, the United States Securities and Exchange Commission (US SEC) initiated a review of a proposal submitted by The Nasdaq Stock Market LLC (Nasdaq) to list and trade shares of the Canary HBAR ETF under Nasdaq Rule 5711(d). This proposal, detailed in the...