Canary Capital Sticks to HBAR ETF Amid Price Drop
Canary Capital is reaffirming its commitment to the Canary HBAR ETF, which holds a significant amount of Hedera (HBAR) tokens. As of July 30, 2026, the fund has 704.35 million HBAR tokens valued at around $47.8 million. Despite experiencing a 37.32% decline in market price year-to-date and a 63.32% drop since inception, the fund's shares outstanding have increased slightly to 5.18 million.
The ETF, which trades on Nasdaq since October 2025, charges a sponsor fee of 0.95%. Investors are advised to keep an eye out for the upcoming quarterly SEC filing for more detailed data on share activity and fund performance. The Canary HBAR ETF offers registered access to Hedera's network, governed by major companies like Google and IBM.