The Hedera Foundation has teased the possibility of a spot HBAR ETF after Canary Capital filed an S-1 amendment with the SEC on October 7, 2025. Anthony Scaramucci, founder of SkyBridge Capital, called the development ‘the sound of inevitability,’ sparking a 17.44% surge in HBAR’s price to $0.2114 amid heightened trading volume.
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Canary Capital’s SEC filing signals growing institutional interest in HBAR ETFs, following Bitcoin and Ethereum approvals.
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Hedera’s price jumped 17.44% in 24 hours, with trading volume soaring 337.44% to $854.09 million.
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Anthony Scaramucci’s bullish response highlights momentum for altcoin ETFs like HBAR, XRP, Solana, and Cardano despite regulatory hurdles.
Discover the latest on the HBAR ETF filing by Canary Capital and Anthony Scaramucci’s optimistic take. HBAR surges 17%—explore implications for altcoin investments and institutional adoption in 2025.
What Is the Status of the HBAR ETF Filing?
The HBAR ETF filing by Canary Capital represents a significant step toward institutional investment in Hedera’s native token. On November 12, 2024, the firm initially submitted Form S-1 (number 333-283135) to the U.S. Securities and Exchange Commission, with an amendment filed as recently as October 7, 2025. This registration for Nasdaq trading underscores the maturing crypto market, building on the success of Bitcoin and Ethereum spot ETFs launched earlier.
How Has Anthony Scaramucci Responded to the HBAR ETF Developments?
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, expressed strong optimism regarding the potential HBAR ETF. In response to the Hedera Foundation’s teaser post titled “Time for an HBAR ETF?” which highlighted Canary Capital’s SEC Form 8-A filing, Scaramucci stated, “It’s the sound of inevitability.” This endorsement from a prominent hedge fund manager signals confidence in Hedera’s enterprise-grade blockchain technology, known for its high-throughput consensus mechanism and energy-efficient proof-of-stake model. Data from market trackers shows HBAR’s market cap exceeding $8 billion post-surge, reflecting investor enthusiasm. Scaramucci’s track record in crypto investments, including early Bitcoin allocations, lends credibility to his view that altcoin ETFs are the next logical progression. Regulatory experts note that while approvals depend on SEC scrutiny, the filing’s progression amid a U.S. government shutdown demonstrates the crypto sector’s resilience. Scaramucci’s comments have amplified discussions on platforms like social media, where Hedera’s governance council—including firms like Google and IBM—further bolsters its appeal for institutional products.
Frequently Asked Questions
What Triggered the Recent Surge in Hedera’s HBAR Price?
The HBAR price surged over 17.44% to $0.2114 in the last 24 hours, driven by the Hedera Foundation’s update on Canary Capital’s ETF filing and Anthony Scaramucci’s bullish endorsement. Trading volume exploded by 337.44% to $854.09 million, according to CoinMarketCap data, as investors positioned for potential institutional inflows similar to those seen with Ethereum’s ETF launch.
Will the HBAR ETF Be Approved Soon Amid Regulatory Challenges?
While no timeline is confirmed, the HBAR ETF filing follows a pattern of increasing SEC approvals for spot crypto products. Canary Capital’s amendment in October 2025 keeps the application active, but factors like the ongoing U.S. government shutdown could delay reviews. Industry observers, including filings from Grayscale and Bitwise for similar altcoin ETFs, suggest approvals may accelerate in 2026 if market conditions remain favorable.
Key Takeaways
- ETF Momentum Builds for Altcoins: Canary Capital’s HBAR filing joins applications for XRP, Solana, and Cardano, indicating broader institutional interest post-Bitcoin and Ethereum successes.
- Scaramucci’s Endorsement Boosts Confidence: His statement on the “inevitability” of an HBAR ETF has directly correlated with a 17% price jump and tripled trading volume.
- Regulatory Resilience Persists: Despite shutdown impacts, the crypto industry’s proactive filings highlight determination to achieve mainstream adoption through regulated products.
Conclusion
The HBAR ETF filing by Canary Capital, coupled with Anthony Scaramucci’s endorsement, marks a pivotal moment for Hedera’s integration into traditional finance. As altcoin ETFs gain traction following Ethereum’s approval in 2024, investors should monitor SEC developments closely for opportunities in high-performance networks like Hedera. Stay informed on these evolving trends to navigate the dynamic crypto landscape effectively.
The Hedera Foundation’s recent post has ignited discussions across the cryptocurrency community, emphasizing the network’s potential for enterprise applications. Hedera’s hashgraph consensus enables thousands of transactions per second at low costs, making it attractive for DeFi, NFTs, and supply chain solutions. Scaramucci’s optimism aligns with broader market sentiment, where altcoin ETFs could unlock billions in capital. For instance, Bitcoin ETFs attracted over $50 billion in inflows within months of launch, per SEC reports, setting a benchmark for HBAR.
Canary Capital’s involvement is noteworthy, as the firm specializes in innovative asset management products. Their S-1 amendment addresses key regulatory concerns, such as custody arrangements and market manipulation safeguards, which were critical in prior ETF approvals. The attachment of SEC Form 8-A in the foundation’s post confirms steps toward Nasdaq listing, a process that typically takes several months but accelerates with strong backing.
Market reactions have been swift and positive. HBAR opened at a low of $0.1766 before peaking at $0.2191, demonstrating robust buying pressure. This volatility is common in crypto but underscores the ETF news’ impact. Trading platforms reported heightened activity, with order books showing increased bids from institutional wallets, according to on-chain analytics from sources like Glassnode.
Looking at comparable cases, the Ethereum ETF’s approval in May 2024 led to a 20% price rally and sustained volume growth. Similarly, pending XRP ETF applications from 21Shares and WisdomTree reflect Ripple’s legal victories against the SEC, paving the way for others. For Hedera, its non-profit governance and carbon-negative certification provide unique selling points in sustainability-focused portfolios.
Challenges remain, including the SEC’s cautious stance on altcoins deemed securities. Commissioner Gary Gensler’s past statements highlight ongoing evaluations, but recent court rulings favoring crypto firms offer hope. The government shutdown, affecting federal staffing, has slowed routine approvals, yet crypto-specific teams continue operations, as noted in industry filings.
Expert analyses from firms like Bloomberg Intelligence predict that 2025 could see multiple altcoin ETF launches if political winds shift, potentially under a more crypto-friendly administration. Scaramucci’s hedge fund, SkyBridge, has long advocated for diversified crypto exposure, positioning HBAR as a top pick for its scalability.
In summary, the HBAR ETF developments signal a maturing ecosystem where innovation meets regulation. Investors eyeing long-term growth should consider Hedera’s fundamentals alongside these institutional milestones for informed decision-making.
