Canary HBAR ETF Nears $50M in Assets After Nine Months on Nasdaq

The Canary HBAR ETF has seen significant growth since its launch on Nasdaq in October 2025, holding over $47.8 million in net assets as of July 30.

The fund's manager, Canary Capital, has been marketing the product aggressively, describing it as a registered exchange-traded product that gives investors access to Hedera's native token, HBAR.

The ETF's current scale is impressive, with $704.35 million in HBAR tokens and 5.18 million shares outstanding, although its share count increased by just 50,000 since July 28.