Canary HBAR ETF holds $47.8M after Nasdaq launch

Canary Capital renewed its marketing push for the Canary HBAR ETF on July 30, describing HBR as the first U.S. spot exchange-traded product holding Hedera’s native token. Summary 704.3 million HBAR backed Canary’s fund, with net assets near $47.8 million on July 30. 5.18 million HBR shares were outstanding after Canary added fifty thousand shares in latest update. HBR’s 0.95% sponsor fee accompanied a 37.32% year-to-date market-price decline recorded through July 29, 2026. The post was not a new launch announcement. HBR began trading on Nasdaq on Oct. 28, 2025, after its registration became effective with the U.S. Securities and Exchange Commission. The latest fund data gives a clearer view of its current scale. HBR held 704.35 million HBAR and reported about $47.8 million in net assets on July 30. The product had 5.18 million shares outstanding and charged a 0.95% sponsor fee. Canary HBAR ETF now holds 704 million HBAR Canary’s official fund page shows that HBAR represented effectively all the trust’s assets, apart from about $30 in cash and other items. The 704.35 million-token position was valued at approximately $47.8 million using the administrator’s stated price. HBR provides...