HBAR Falls About 41% After Canary ETF Launch as Flows Stall

Beincrypto reports HBAR has fallen roughly 41% since the Canary HBAR ETF launched, sliding from $0.200 to about $0.117 as speculative demand faded after the debut.

The Canary ETF briefly attracted strong interest around its late‑October launch, peaking near $30 million in cumulative inflows, but momentum quickly evaporated; recent data shows just $875,000 in inflows and most trading days registering net flows of zero. The product has been called one of the weakest‑performing crypto ETPs since debut, and approval failed to unlock significant new demand as early participants booked profits and selling pressure persisted — an episode that increasingly resembles a "buy the rumor, sell the news" outcome.

Technical indicators add to the cautious picture: the Chaikin Money Flow has slipped below zero, suggesting outflows among larger holders, and HBAR is trading between $0.131 resistance and $0.113 support. A sustained breakdown below $0.113 could expose $0.104 and then $0.096, while a stall in outflows and a decisive move above $0.131 — ideally toward $0.150 — would be required to shift the outlook bullish.

Key Topics

Crypto, Hbar, Canary Hbar Etf, Hedera, Chaikin Money Flow, Crypto Etps