Canary HBAR ETF (HBR) Stock Price, Quote, News & History | Benzinga

In seeking to achieve its investment objective, the Trust will hold HBAR and establish its net asset value (NAV) by referencing the price of HBAR in U.S. Dollars as measured by the CoinDesk Hedera USD CCIX 60min NY Rate (Pricing Benchmark). The Pricing Benchmark is calculated by CoinDesk Indices (the Benchmark Provider) based on a 60-minute time-weighted average price of the HBAR-USD CCIXber Reference Rate (the Underlying Index), which is an aggregation of executed trade flow of major HBAR trading platforms (Constituent Platforms). Canary Capital Group LLC (the Sponsor) is the sponsor of the Trust, CSC Delaware Trust Company (the Trustee) is the trustee of the Trust, U.S. Bancorp Fund Services, LLC is the Trusts transfer agent (in such capacity, the Transfer Agent) and administrator (in such capacity, the Administrator), U.S. Bank, N.A. is the Trusts cash custodian (in such capacity, the Cash Custodian), and BitGo Trust Company, Inc. and Coinbase Custody Trust Company, LLC (the Custodians) are the custodians for the Trust, and will hold all of the Trusts HBAR on the Trusts behalf.