Editor's Pick

Hedera price rises ahead of HBAR ETF launch: Sell the news?

Hedera price popped by over 20% on Tuesday as investors anticipated the start of the spot HBAR ETF in the United States. HBAR token rose to a high of $0.2190, its highest level since October 8. It has jumped by 110% from its lowest level this month.

HBAR ETF to launch today 

Hedera price rebounded as investors anticipated the launch of the Canary HBAR ETF.

This trading will start after Canary filed the 8A Filing. The listing was confirmed by Eleanor Terrett, a Fox Business journalist. It was also confirmed by Eric Balchunas, the Senior ETF analyst at Bloomberg, who noted that NASDAQ had posted the listing notices for the Hedera and Litecoin ETF.