- Can HBAR sustain momentum after $68M ETF inflows
- Hedera ETF sparks renewed interest, driving HBAR’s market growth
- Institutional backing fuels HBAR’s rise-what’s next for its price
Hedera (HBAR) is experiencing a major resurgence, driven by the recent launch of the Canary HBAR ETF. The ETF has made waves in the market, accumulating $68 million in assets under management in just six days, signaling strong investor interest. As more institutional players join the fold, HBAR’s momentum shows no signs of slowing down.
The Canary HBAR ETF’s success has been remarkable, with inflows reaching 387.4 million HBAR tokens. This surge highlights the growing confidence in Hedera as an asset, especially in the traditional finance space. The ETF’s approval, which bypassed the usual delays from the U.S. government shutdown, has only added to its appeal.
Institutional Interest Fuels HBAR’s Growth
The impact of HBAR’s growing institutional presence cannot be overstated. With 13 total ETF filings now referencing the token, including one already live and a major filing from WisdomTree, the crypto asset is gaining significant traction among traditional investors. This broader adoption is expected to boost Hedera’s visibility, not just among crypto enthusiasts but also in the mainstream financial market.
Also Read: “Unknown” 110,526,316 XRP Spotted Amid ETF Launch – What is Going On?
Despite HBAR’s impressive price rally—surging from $0.04 to $0.37 in a matter of weeks—some market experts are questioning whether its momentum can be sustained. After reaching a high of $0.375 in mid-January, the price has cooled, currently trading around $0.17. While this is still an impressive leap from earlier lows, it remains far from its all-time high of $0.57, set years ago.
HBAR’s Price Outlook: Can ETF Inflows Sustain the Surge?
The price outlook for HBAR remains uncertain, as technical signals point to potential dips toward $0.13–$0.15. However, if institutional inflows and ETF-driven interest continue to grow, HBAR could stabilize between $0.25–$0.30. A surge toward the $0.35–$0.40 range is also possible, especially if broader market conditions align favorably.
Source: Tradingview
Ultimately, the future of HBAR rests on the continued success of its ETF and the growing institutional interest that is propelling its rise. With the Canary ETF and additional filings fueling its visibility, HBAR could continue to build on its momentum, making Hedera a key player in the evolving crypto landscape.
Also Read: VivoPower $0.47 XRP Accumulation: Here’s the Math Behind the 84% Discount Purchase
