With the United States (USA) government back in action, the multiple missed key dates in the exchange-traded fund (ETF) field, including the HBAR-based Grayscale ETF. While one out of the two ETFs is pending, Canary Capita’s HBAR ETF, debuting with the HBR ticker, has scored a solid $71 million inflow on Thursday.
Enormous Profit Taking Overshadows HBAR ETF Success
Surely, these ETF stats aren’t matched with Solana’s $368.52 million ETF inflows in the same time window, but the Grayscale HBAR ETF approval could significantly speed things up for the DLT altcoin on traditional stock markets. Meanwhile, Hedera’s native coin is showing some resilience around the $0.17 support level despite atypically huge whale sell-offs.
Staying above the area in the near-term won’t be easy with an extra strong case of profit-taking on Thursday evening. The Chaikin Money Flow (CMF), a key technical instrument in assessing crypto whale behavior, has tumbled to -0.35, meaning that big-time players are cashing out in masses.
HBAR ETF Debuts Slow But Steady, Grayscale Still On Hold
Keeping above this level is crucial while Bitcoin (BTC) retests $100,000 amidst the re-opening of the USA government. With many traders reconsidering their short-term decisions & searching for risk-off assets, the digital asset sector could endure a shake-out before the next bull run leg arrives. With Canary Capital taking the fast-track method towards launching the inaugural HBAR ETF, Grayscale’s liability could be different with the SEC’s Crypto Task Force re-opening.
The 21-day loophole allowed Hedera’s HBAR Spot market-tracking ETF to debut amid the lock-down, but the SEC could treat the case differently due to Grayscale’s enormous $20.2 billion assets under management (AUM), nearly 20 times larger than Canary’s.
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HBAR’s drop to $0.167 tonight follows the SEC’s delay of the Grayscale Polkadot ETF decision to November 8, 2025, stirring uncertainty that’s hit investor confidence and pulled HBAR down from recent highs.
The SEC pushed back its review of the Grayscale Polkadot ETF, which shares market vibes with HBAR. This hang-up has traders on edge, contributing to HBAR’s current slide as sentiment takes a hit.
Canary Capital’s got a spot HBAR ETF debuting today on Nasdaq, and with HBAR at $0.167, their launch could draw fresh investors. If it sticks, it might counter the delay’s drag and lift HBAR back up.
If Canary’s ETF launch goes off without a hitch and pulls in buyers, it could ease the pressure from the Grayscale delay, potentially pushing the coin past $0.167 by offering a legit way for new money to jump in.
New folks should track Nasdaq’s ETF launch status tonight and HBAR’s price moves. It’s a wild ride, so dig into Hedera’s basics, keep on reading DailyCoin on the regular & don’t rush into anything.


