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Market News: Nasdaq has filed a 19b-4 application for Canary's HBAR ETF

2025-02-24 19:51

BlockBeats News, February 24th, according to market sources, Nasdaq has submitted a 19b-4 application for the HBAR ETF of Canadian investment firm Canary Capital.


BlockBeats Note: The 19b-4 form is a filing required by the U.S. Securities and Exchange Commission (SEC) for trading platforms to declare rule changes or apply for listing new products. The ETF issuer submits a registration statement to the SEC, and the trading platform needs to apply to the SEC through the 19b-4 filing to allow the ETF to be listed for trading on its platform, demonstrating compliance with listing rules (such as liquidity, transparency, etc.). Only after SEC approval can the ETF be listed on the trading platform.

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