Canary Capital is re-launching its Spot ETF marketing campaign. Hedera Hashedgraph, a firm that specializes in tokenizing real-world assets such as RWAs was highlighted by the company on July 30.
Canary Capital says that the most effective way for U.S. investors to gain exposure to RWA is to invest in its ETF (HBR), listed on Nasdaq.
The chain is actively preparing for RWA adoption. It’s actually leading the way in RWA-related developments Take advantage of this wave.
However, institutional demand is flat and inconsistent.
Demand for HBAR-ETF on the spot dries out
Canary Capital introduced the product to market in October of last year. It is the only HBAR-based ETF in the United States. Although it had the advantage of being the first to market, overall flows were not impressive.
In June, it was noted that the product had crossed $100 Million in Cumulative Netflow. As of the time this article was published, its cumulative total net flow is $105.3M. In June there were only two net inflow days; the demand was completely zero for the remainder of the month.
On the other hand, there was no institutional appetite in the remaining days of July.
This low demand for the ETF spot has not helped to significantly prevent the HBAR’s price decline. Over the past two-month period, the price of the altcoin fell by 40%.
Do whales buy the HBAR Dip?
The $0.0650 level has been the key support area in 2026. Recent losses are consolidated over it.
As shown on the bubble map, whales have re-engaged in the market following the recent pullback, which occurred between late Q2 and Q3 of this year.
Other whales may have viewed the current value of HBAR as an opportunity to take long positions at a discount.
If the double bottom pattern was finalized, it could confirm the outlook of the whale. If the final pattern is confirmed, then it could confirm that whale’s outlook. HBAR The price of bitcoin has risen above $076 and is now firmly supported.
The next target for bulls would be around $0.08, which is the 200-day moving average. This projection will be nullified if HBAR falls below $0.0650 in the 2026 Support Zone.
Final Summary
- Canary Capital is re-launching its U.S. spot HBAR ETF despite a lackluster demand
- As the altcoin consolidates above $0.0650, there is increased interest from whales.
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Source: ambcrypto.com
