Institutional Buying Pushes HBAR Upward With ETF Optimism Rising

Hedera’s HBAR token saw renewed momentum during the Sept. 11–12 trading stretch, climbing from $0.237 to $0.245 before settling at $0.240. The modest gains reflected rising institutional flows as ETF-related headlines placed Hedera in the spotlight.

Corporate activity accelerated after Grayscale Investments floated the idea of a dedicated HBAR trust, while the Depository Trust & Clearing Corporation (DTCC) registered a Canary HBAR ETF filing under the proposed ticker HBR. The move, appearing alongside similar filings for Solana and XRP, highlighted deepening Wall Street appetite for crypto assets outside of Bitcoin.

The market response was immediate. Profit-taking capped the rally at $0.245, while $0.240 emerged as a key institutional support level, strengthened by late-session trading volumes that topped 17 million tokens. Analysts note that sustained momentum could trigger a test of the $0.25 threshold, though upside remains tempered by regulatory uncertainty.

Despite the excitement, observers caution that DTCC inclusions are only preliminary steps and not formal approvals. The SEC remains focused on curbing manipulation risks and ensuring investor protections for non-Bitcoin ETFs, leaving the timeline for any HBAR-linked product unclear.

Market Highlights

Range: $0.2335–$0.2456, or 4.24% volatility.
Peak gains came between 21:00–05:00 as HBAR advanced from $0.235 to $0.245.
Breakout volume averaged 54.7M versus a 24-hour mean of 50.1M, signaling institutional participation.
Strong support held at $0.240, with defensive buying.
Selling pressure intensified near $0.245, triggering late-session consolidation.

While regulatory hurdles remain, the filings have thrust Hedera into Wall Street’s line of sight, cementing its role as a growing player in the digital asset ETF conversation.