On the first day of trading, the US Hedera Spot ETF and Litecoin Spot ETF both had no net inflow or outflow.

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PANews October 29 news, Canary HBAR ETF (stock code HBR), Canary Litecoin ETF (stock code LTCC) officially listed on Nasdaq on October 28, both being the first Spot ETF in the United States for their respective coins. From the asset scale on the first day of listing, it is far smaller than the asset scale of 290 million USD for the Solana Spot ETF listed on the same day, lower than market expectations. According to SoSoValue data, there was no net inflow or outflow on the first day of HBAR's listing, with a trading volume of $8.63 million and a total net asset value of $1.09 million. The net asset ratio of HBAR (market value relative to total market value of HBAR) reached 0.01%. There was also no net inflow or outflow on the first day of LTCC's listing, with a trading volume of $1.38 million and a total net asset value of $0.969 million. The net asset ratio of LTC (market value relative to total market value of LTC) reached 0.01%. The Canary HBAR ETF supports cash and physical redemption, but does not support HBAR providing additional returns through staking, with a management fee rate of 0.95%. The Canary Litecoin ETF only supports cash redemption, with a management fee rate of 0.95%.

HBAR-3.86%
LTC-2.86%
SOL-1.62%
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GateUser-6857559evip
· 7m ago
thanks for the useful information
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GateUser-f8c2c9f7vip
· 7h ago
HODL Tight 💪
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