Hedera Rallies on Canary Capital ETF Launch

Asset manager Canary Capital launched ETF products for Hedera (HBAR) and Litecoin (LTC) on Oct. 28.HBAR rallied 22% on the news to $0.22, putting its market capitalization at $9 billion. While the move marks a 17.5% rise for HBAR over the last week, it is yet to recover from the vicious Oct. 10 altcoin crash.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io