Canary HBAR ETF

Frequently Asked Questions About HBR

What does HBR invest in?

HBR provides exposure to the daily price movements, net of expenses, of HBAR, the native digital asset of the Hedera Network, in an ETF structure. The Hedera Network is a public distributed ledger built on the hashgraph distributed consensus algorithm, a mechanism that provides an alternative to blockchain processing. The portfolio is priced based on CoinDesk Hedera USD CCIX 60min NY Rate, calculated through the 60-minute time-weighted average price of the HBAR-USD CCIXber Reference Rate. This rate is an aggregation of executed trade flow of major HBAR trading platforms, which may include Coinbase, Crypto.com, and Bitstamp. The custodians primarily hold HBAR in cold storage (offline). BitGo Trust Company, Inc. and Coinbase Custody Trust Company, LLC serve as the custodians. The fund will not utilize leverage, derivatives, or any similar arrangements in seeking to meet its investment objective.

What is the expense ratio of HBR?

Canary HBAR ETF (HBR) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HBR?

Canary HBAR ETF (HBR) manages $60.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is HBR actively managed or an index fund?

HBR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HBR launched?

Canary HBAR ETF (HBR) launched in October 2025 and is managed by Canary.

How has HBR performed?

HBR's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.