Inflows Continue for Canary's Spot Hedera HBAR ETF

Canary Capital's spot Hedera ETF keeps pulling in capital. As of March 3, 2026, the fund recorded $1.06 million in daily net inflows, pushing cumulative net inflows to $93.21 million since launch. That comes with one notable caveat: the ETF has seen just one day of net outflows in its entire history.

For the Hedera (@hedera) community, the picture is hard to ignore. Traditional finance is quietly allocating to Hedera, and the redemptions simply aren't showing up.

What Is the Canary HBAR ETF?

Canary Capital's (@CanaryFunds) HBR fund launched on Nasdaq on October 28, 2025, making it one of the first spot HBAR ETFs available to US investors. It holds actual HBAR tokens in custody with BitGo Trust and Coinbase Custody, not futures or derivatives. The expense ratio sits at 0.95%.

The product lets anyone with a standard brokerage account get regulated HBAR exposure. That includes IRA and other tax-advantaged accounts, with no crypto exchange or private keys involved.

What Do the Latest Numbers Show?

As of March 3, the SoSoValue dashboard shows:

• Daily net inflow: +$1.06 million
• Cumulative net inflows: +$93.21 million
• Total net assets (AUM): $54.46 million
• HBAR held: 562,378,124.76 HBAR
• Share of HBAR market cap: 1.31%
• Total value traded on March 3: $560.35K
• HBR share price: $13.87, up 4.94% on the day

The fund is essentially fully deployed. Net assets nearly match the market value of holdings, with minimal cash drag.

How Has the ETF Performed Since Launch?

Since launch, the ETF has recorded one outflow day: November 14, 2025, when outflows totaled -$1.71 million. Every other trading session has been flat or positive.

Standout inflow days include:

• October 30, 2025: +$29.90 million (record single-day inflow)
• November 13, 2025: +$5.37 million
• January 21, 2026: +$3.31 million

More recently, February 2026 saw a string of smaller but consistent positive days, including $997.65K on February 6, $949.12K on February 18, and $655.17K on February 24.

What About HBAR's Price?

There is an interesting contrast worth flagging. HBAR has pulled back significantly since the start of the year, in line with a broader downtrend in the crypto market. Yet inflows into HBR continued throughout that drawdown. That kind of divergence gets attention in crypto circles. It suggests longer-term positioning rather than momentum chasing.

Canary also launched spot ETFs for XRP, SOL, and LTC around the same period. HBR has held its own across that peer group in terms of flow consistency.

Why It Matters

The ETF structure removes the biggest friction points that have historically kept institutional and retail capital out of HBAR: custody complexity, exchange onboarding, and regulatory uncertainty. With $93 million accumulated and one outflow day across four-plus months of trading, the inflow record for HBR has been steady since day one.

Whether HBAR price follows the inflow trend remains to be seen. But the capital commitment from the ETF side has not wavered.

Sources:

• SoSoValue HBAR ETF Dashboard — Live daily and cumulative inflow data, AUM, and holdings for the HBR ETF
• Canary ETFs HBR Page — Official fund page with NAV, holdings, fact sheet, and prospectus
• ETFDB HBR Profile — Flow charts, AUM history, and fund overview