Key Notes

Canary Capital's HBAR ETF carries a 1.95% management fee, significantly higher than its 0.95% Litecoin ETF offering.

HBAR trading volume jumped 152% to $438 million despite a 7% price drop to $0.22 on filing day.

Bloomberg analysts maintain 90% approval odds for altcoin spot ETFs following regulatory stance improvements this year.

Asset manager Canary Capital filed an amendment to its S-1 registration for the Canary Spot ETF on Monday, Sept. 22, formalizing the fee structure for its proposed product.

According to the latest SEC filing , Canary Capital is set to charge investors in its HBAR ETF a 1.95% management fee, placing it among the most expensive crypto-based exchange-traded funds on the market.

Canary Capital Spot ETF Filing Amendment | Source: SEC.Gov, Sept. 22, 2

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