Overview
- Canary Capital’s spot HBAR fund (ticker HBR) began trading on Nasdaq on Oct. 28 following an initial rally that quickly reversed on profit-taking.
- The ETF recorded roughly $8 million in first-day trading volume, according to CoinDesk.
- Data cited from SoSoValue showed about $2.2 million of inflows on the second trading day.
- HBAR traded near $0.19 by Oct. 30–31 with elevated volumes, as technical selling pressure offset the listing’s headline boost.
- Analysts flagged heavy short positioning on derivatives venues and possible liquidation zones around $0.198–$0.219, while a new Hedera–EQTY Lab–Accenture–NVIDIA AI governance initiative added a longer-term adoption angle.