Hedera (HBAR) maintains support amid institutional ETF growth

Hedera (HBAR) is currently navigating a significant downtrend, with its price trading near $0.0659, representing a substantial decline from its 2024 peak. Despite the bearish weekly structure characterized by lower highs and lower lows, the asset is holding above a historical demand zone identified between $0.0435 and $0.057. Derivatives data indicates a mild long bias among traders, with funding rates sitting near 0.0044%.

On the institutional front, the Canary HBAR ETF began trading on Nasdaq on October 28, 2025. As the first U.S. spot ETF to hold actual HBAR tokens rather than futures contracts, it provides brokerage users with direct exposure to the asset. As of August 14, 2026, the fund held approximately 704.35 million HBAR, valued at roughly $46.29 million, which accounts for about 1.5% of the total HBAR circulation.