HBAR Stabilizes at $0.08 on ETF Inflows and Steady Buying

The Hedera token, HBAR, has been holding steady at around $0.08 after a recent price surge from its mid-August lows near $0.065.

This stability is partly due to renewed interest in the token through exchange-traded funds (ETFs).

The Canary's spot Hedera ETF saw significant net inflows of about $864K on August 15, adding to an overall steady buying trend since its launch.

In fact, this fund has seen only one day of net outflows in total, making the recent influx more noteworthy.