Vanguard Group launches its first Hedera ETF, HBAR price surges 12.7%, institutional interest accelerates

HBAR1,92%
BTC-0,32%
ETH-0,85%
LINK-0,32%

Hedera (HBAR) saw a significant price rebound, rising 12.7% in 24 hours after Vanguard launched its first HBAR ETF. This marks a continued surge in institutional interest in the Hedera ecosystem, following Canary Capital’s HBAR ETF attracting $80 million in inflows last month.

On Tuesday, Vanguard, which manages $11 trillion in assets, confirmed the launch of its HBAR ETF, viewed as a key signal of traditional finance further entering the crypto asset sector. The market responded positively, with HBAR rebounding alongside the broader crypto market that day, but the real driving force behind the surge was the new spot demand generated by the ETF listing.

Previously, Canary Capital’s HBAR ETF was listed and traded on Nasdaq, accumulating over $80.26 million in inflows in its first month. According to SosoValue data, its current net assets remain at $59.32 million. Demand mainly comes from the spot market rather than derivatives. Coinglass data shows HBAR futures open interest rose only 3.5%, while futures trading volume dropped 16%, indicating a weakening of speculative forces and a gradual shift of funds toward long-term positioning.

The inflow of spot capital helped HBAR narrow its previous seven-day loss to 5.39% and provided short-term support amid improving market sentiment. Analysts believe that if more institutional products are launched, HBAR’s price could gain further structural momentum.

The launch of the Vanguard HBAR ETF also marks an acceleration of mainstream platforms integrating crypto assets. Vanguard, long known for its strict investment strategies, is now supporting a product directly related to the Hedera network for the first time, seen as recognition of Hedera’s technological approach, hashgraph consensus model, and enterprise-level application potential.

HBAR is used on the Hedera network for transaction fee payments, staking, and supporting enterprise-grade on-chain applications. Hedera’s clients include government agencies, enterprises, and public data systems, giving it a unique position among utility-focused networks.

Currently, crypto ETFs are no longer limited to Bitcoin and Ethereum. Grayscale recently launched multi-chain asset products such as Chainlink, XRP, and Solana, while the participation of institutions like Vanguard and Canary Capital further validates the growing demand for diversified, regulated crypto asset exposure.

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