Canary HBAR ETF Trust

The Canary HBAR ETF Trust is a specialized exchange-traded fund designed to provide transparent, regulated exposure to the value of HBAR, the native digital asset of the Hedera Network. Structured as a passively managed fund, its primary function is to hold actual HBAR tokens and allow shareholders to participate in HBAR’s price movements, minus operational expenses. The fund’s net asset value is directly linked to the U.S. dollar price of HBAR, based on a 60-minute time-weighted average benchmark from CoinDesk Indices, which aggregates major HBAR trading platforms. Created by Canary Capital Group LLC, the ETF enables investors—including institutional participants—to access Hedera’s enterprise-grade blockchain ecosystem through traditional brokerage accounts, without the requirement to independently buy, store, or manage crypto assets. Assets are securely managed with trusted custodians like BitGo and Coinbase Custody. Notably, the fund is not classified as a commodity pool or investment company under the Investment Company Act of 1940, reflecting the evolving regulatory landscape for digital assets. By bridging digital assets with established capital markets, the Canary HBAR ETF Trust plays a pioneering role in making blockchain-based investment opportunities more accessible, regulated, and efficient for a broad investor base.