Hedera ETF gains 69% net inflows despite 52% drop in HBAR price

Canary Capital’s exchange-traded fund (ETF), which tracks Hedera (HBAR), has continued its listing on NASDAQ with steady trading activity through a challenging year for the digital asset. Despite HBAR losing 52% of its value over the past twelve months and falling 28% year-to-date, the ETF posted a notable 69% cumulative increase in net inflows for the same period. This persistent influx signals strong institutional commitment, even as market sentiment around HBAR remains weak. The ETF’s asset base reached $113 million, reflecting consistent demand.