U.S. Hedera spot ETF and Litecoin spot ETF had no net inflows or outflows on their first day of listing

Techub News, the U.S. Canary HBAR ETF (Ticker: HBR) and Canary Litecoin ETF (Ticker: LTCC) were listed on NASDAQ, both being the first U.S. spot ETFs for their respective cryptocurrencies. Judging by the asset size on the first day of listing, they were significantly smaller than the $290 million asset size of the Solana spot ETF listed on the same day, falling below market expectations. According to SoSoValue data, HBR had no net inflows or outflows on its first trading day, with a trading volume of $8.63 million, a total net asset value of $1.09 million, and an HBAR net asset ratio (the proportion of market value relative to HBAR's total market cap) reaching 0.01%; LTCC had no net inflows or outflows on its first trading day, with a trading volume of $1.38 million, a total net asset value of $969,000, and an LTC net asset ratio (the proportion of market value relative to LTC's total market cap) reaching 0.01%. The Canary HBAR ETF supports both cash and in-kind creations and redemptions, does not support additional yield through HBAR staking, and has a management fee of 0.95%; the Canary Litecoin ETF only supports cash creations and redemptions, with a management fee of 0.95%.