Canary Spot HBAR ETF Launch: A Defining Moment for Hedera AllinCrypto October 28, 2025
It’s finally arrived. Canary Capital’s HBAR ETF is set to debut on October 28 on Nasdaq, marking one of the most significant milestones for Hedera Hashgraph and altcoin ETF debuts.
As part of a new wave of altcoin exchange-traded funds approved by the SEC, Canary’s Spot HBAR ETF will give both retail and institutional investors regulated access to the Hedera network’s native token alongisde traditional assets.
For Hedera, this listing represents not only a validation of its underlying technology but also the potential for a major inflow of capital from institutional investors that could reshape its position in the market.
Canary HBAR ETF: A Breakthrough for Institutional Investing
Bloomberg Senior ETF Analyst Eric Balchunas confirmed that both Canary’s HBAR ETF and Litecoin ETF will begin trading on Nasdaq on October 28.
Canary CEO Steven McClurg tweeted “Tomorrow is a long time coming,” referring to the launch as a landmark moment for the crypto industry, emphasizing Canary’s mission to bring compliant, accessible digital asset products to mainstream markets.
HBAR’s ETF arrival follows new SEC guidelines that helped streamline the ETF approval process, something that SEC Chair Paul Atkins wanted to achieve.
The new ETF listing rules for crypto allow issuers to proceed with registration filings without lengthy delays. This unexpected regulatory greenlight, coupled with Nasdaq’s certification of Canary’s 8-A filing, fast-tracked the listing and placed Hedera at the center of the latest altcoin ETF expansions.
The move could be a slow burn, but inflows into the new altcoin could mirror those that have gone into XRP investment products over the past few months. Last week, XRP saw $84M inflows from various digital asset products related to the token, with $1.9B inflows over the past year to date. Similar flows could be seen from HBAR going forward.
The success of Bitcoin and Ethereum ETFs unlocked billions in institutional inflows for crypto. The Canary HBAR ETF could have a similar impact for Hedera, opening the door to investment from funds and asset managers previously unable to access HBAR due to custody or compliance issues.
How a HBAR ETF Could Boost Hedera’s Market Control
Hedera Hashgraph was designed with enterprise utility in mind. Its governance council includes global corporations from Google to IBM and Dell, which oversee the network’s overall direction while running a node.
This corporate-grade structure aligns well with the risk and standards that institutional investors require. Exposure to insitons via a Spot ETF could lead to more organic interest in Hedera as an ecosystem, leading to investments in the token and price appreciation.
With the launch of a Spot HBAR ETF, inflows from institutional players could directly strengthen Hedera’s liquidity and, in turn, its market valuation.
As seen with previous ETFs, significant inflows often correlate with price appreciation and increased on-chain activity. For altcoins, XRP has benefited the most, alongside Etheruem. According to CoinShares data, XRP has witnessed $1.9B in year-to-date inflows from digital asset products.
If the Canary ETF attracts some demand similar to XRP, HBAR could experience a surge in price and trading volume. Additionally, the ETF’s success could encourage further integration of Hedera’s technology across financial services, tokenization platforms, and enterprise solutions.
The Next Phase for Hedera HBAR
The timing of the ETF showcases a maturing regulatory environment for crypto and a growing market appetite for diversified crypto exposure outside of Bitcoin and Ethereum.
In Europe, 21Shares’ HDRA Hedera spot ETP has gained attention from institutions. The ETP is now also available in the UK after new FCA rules.
As trading begins for Canary’s Spot HBAR ETF on October 28, all eyes will be on how the market will respond. Solana and Litecoin ETFs are also launching around the same time, wihtin this week.
If early inflows are strong, the ETF could boost HBAR’s price quickly, heading into the long term. In general, some investors are expecting a steady growth of inflows, which will boost HBAR’s price over time, slowly, instead of a fast surge.
The post Canary Spot HBAR ETF Launch: A Defining Moment for Hedera first appeared on AllinCrypto.
