Ah, Anthony Scaramucci, that bold, unflinching founder of SkyBridge Capital, has once again put his money where his mouth is. With the Hedera Foundation’s recent update, the Mooch has responded with a vigor only he can muster, declaring his optimism over the potential of a spot Hedera (HBAR) exchange-traded fund (ETF). Because, obviously, the world needed yet another ETF, right?
Canary Capital’s ETF Filing: A Small Ripple, Or A Tsunami?
Now, let’s not get too carried away here. The Hedera Foundation, ever the subtle teaser, posted a cryptic message titled, “Time for an HBAR ETF?” Well, color me intrigued! It suggested that asset managers might be eyeing the launch of such a product, and, of course, included a delightful little nugget of paperwork-a filing by Canary Capital to the U.S. Securities and Exchange Commission (SEC) for registration on Nasdaq. All the paperwork’s in order, folks, with a neat little S-1 amendment attached like a cherry on top-dated just last October 7, 2025, because who doesn’t love some good paperwork, right?
Oh, and did I mention Scaramucci’s words? He’s bullish-he’s practically shouting from the rooftops that this HBAR ETF is not only coming, it’s inevitable. “It’s the sound of inevitability,” he proclaims, like a prophet forecasting the inevitable rise of the sun. Must be nice to be so certain.
Do you hear that @GregoryLBell? It’s the sound of inevitability. $HBAR @hedera
– Anthony Scaramucci (@Scaramucci) October 27, 2025
The filing by Canary Capital is stirring the pot in the crypto community. The government shutdown be damned-apparently, the crypto world is still churning, paper trails and all. Many were left blinking in disbelief, considering the current state of the U.S. government, which is more closed than a teenager’s diary. Despite this, excitement is building. Various firms like Grayscale, 21Shares, Bitwise, CoinShares, and WisdomTree are all lining up to get their hands on the ETF pie. A little competition never hurt anyone, right?
Meanwhile, the altcoins, those ever-hopeful creatures, are fighting tooth and nail for their chance at institutional glory. Since Bitcoin’s ETF debut in January 2024, it seems like everyone and their dog wants one. Ethereum got its approval, and now, the rest are waiting in line-XRP, Cardano, Solana, and even Chainlink are all in the mix. But who knows? Maybe the U.S. government will get around to approving these, just in time for the next ice age.
Hedera Surges: Investors Going Wild (Because Who Doesn’t Love a Good Surge?)
As Scaramucci waves his flag of inevitable victory, the market seems to be getting the message loud and clear. Hedera (HBAR) has surged by an impressive 17.44% in the last 24 hours. It opened at a humble $0.1766 and soared to a high of $0.2191, before settling at a more modest, but still delightful, $0.2114. The crypto market, apparently as volatile as ever, can’t get enough of it. No one’s complaining though-except maybe the people who bought at the peak last week.
The trading volume has skyrocketed by 337.44%, hitting a massive $854.09 million. Apparently, everyone’s feeling lucky, or just really, really bored. Either way, Hedera is having its moment in the spotlight, and the crypto world is all in on it-at least for now.
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2025-10-28 13:57