Hedera (HBAR) Jumps 10% as Canary Capital Launches First HBAR ETF on Vanguard

Hedera (HBAR) surged more than 10% in the past 24 hours, climbing above $0.14 as market sentiment improved and news broke that Canary Capital has introduced the first spot HBAR ETF on Vanguard’s platform. This development sparked strong investor interest, marking a major milestone for Hedera as it gains visibility within traditional finance.

The broader crypto market also rallied, rising over 7% during the same period. Bitcoin led the recovery after surpassing $90,000, driven by the U.S. Federal Reserve’s decision to halt quantitative tightening (QT). The policy shift eased liquidity pressure and boosted expectations of lower interest rates, encouraging greater demand for digital assets. Ethereum remained above $3,000, while major altcoins like Solana, Cardano, and XRP posted similar gains, reinforcing overall market optimism.

Hedera benefited significantly from this bullish environment. The launch of Canary Capital’s HBAR ETF allows investors to gain exposure to HBAR through standard brokerage accounts without interacting with crypto exchanges or digital wallets. As Hedera operates on a decentralized hashgraph-based network—using HBAR for transaction fees and staking—the ETF’s debut highlights increasing institutional interest and the growing push for regulated crypto investment products.

HBAR’s price rose to $0.14384, backed by strong technical indicators. The MACD displayed a bullish crossover, with the blue MACD line moving above the signal line and green histograms forming, suggesting strengthening upward momentum. If buying pressure continues, HBAR could advance toward $0.15 or even $0.17. However, if bearish sentiment emerges, the price may retrace to around $0.13, a key support level.

As institutional adoption accelerates and market confidence returns, Hedera’s outlook remains promising, positioning HBAR for potential further gains.