Canary Capital revives HBAR crypto ETF push – Can tokenization restore demand?

Canary Capital has renewed its push for a U.S. Spot HBAR ETF (HBR) on Nasdaq, highlighting Hedera Hashgraph’s role in real-world asset (RWA) tokenization. Despite the first-mover ETF position, institutional demand has been tepid, with June showing minimal inflows and July following a similar pattern. Hedera-related RWA adoption remains a focal point, while HBAR recently pulled back ~40% over two months. Whale activity suggests a potential price floor around $0.065 and a bullish target near the 200-day moving average at $0.08 if support holds and momentum improves.