According to Odaily Planet Daily, on October 28th, the Canary HBAR ETF (HBR) and the Canary Litecoin ETF (LTCC) officially listed on the Nasdaq, both being the first US spot ETFs for their respective cryptocurrencies. Their asset size on the first day of listing was significantly smaller than the $290 million in assets held by the Solana spot ETF, which also listed on the same day, and fell short of market expectations.

According to SoSoValue data, HBR saw no net inflows or outflows on its first day of trading, with a transaction volume of $8.63 million and a total net asset value of $1.09 million. HBAR's net asset ratio (market capitalization as a percentage of HBAR's total market capitalization) reached 0.01%.

On its first day of trading, LTCC saw no net inflows or outflows, with a trading volume of $1.38 million and a total net asset value of $969,000. The LTC net asset ratio (market capitalization as a percentage of LTC's total market capitalization) reached 0.01%.

Canary HBAR ETF supports cash and physical redemptions, does not support HBAR to provide additional returns through staking, and has a management fee of 0.95%.

The Canary Litecoin ETF only supports cash subscriptions and redemptions, with a management fee of 0.95%.