Markets· ★★★· neutral·

Canary Capital's HBAR ETF Net Inflows Up 69% Even as Token Falls 52% in a Year

  • —Cumulative net inflows into the HBAR ETF rose 69% to $113 million
  • —HBAR is down 52% over the year and 28% year-to-date
  • —The fund posted $558,980 in outflows last week
  • —Daily spot volume is $154.9 million; longs made up $422,600 of $430,500 in liquidations
Why it matters: The gap between ETF inflows and falling price will show whether institutions are willing to hold HBAR through weak demand.
Source: DailyCoin