Data: The US Hedera spot ETF and Litecoin spot ETF were listed, with no net inflows or outflows on the first day

ChainCatcher news, the Canary HBAR ETF (ticker symbol HBR) and the Canary Litecoin ETF (ticker symbol LTCC) have officially listed on Nasdaq, both being the first U.S. spot ETFs for their respective cryptocurrencies. From the asset scale on the first day of listing, it is significantly smaller than the Solana spot ETF, which had an asset scale of $290 million on the same day, falling short of market expectations.

According to SoSoValue data, HBR had no net inflow or outflow on its first day of listing, with a trading volume of $8.63 million and a total net asset value of $1.09 million, resulting in an HBAR net asset ratio (market cap relative to total HBAR market cap) of 0.01%; LTCC also had no net inflow or outflow on its first day of listing, with a trading volume of $1.38 million and a total net asset value of $969,000, resulting in an LTC net asset ratio (market cap relative to total LTC market cap) of 0.01%.

The Canary HBAR ETF supports cash and physical redemption, but does not support HBAR providing additional yield 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%.