HBR
Canary HBAR ETF
Transparent Exposure to HBAR
The Trust’s investment objective is to seek to provide exposure to the value of the HBAR, the native asset of the Hedera Network ("HBAR"), held by the Trust, less the expenses of the Trust’s operations and other liabilities. In seeking to achieve its investment objective, the Trust will hold HBAR. HBR is not a commodity pool or an investment company registered under the Investment Company Act of 1940 (the "1940 Act"), and therefore is not subject to the same regulatory requirements as mutual funds or traditional ETFs registered under the 1940 Act.
HBAR Exposure Through an Exchange Traded Product
No digital wallet or crypto exchange access necessary; Canary HBAR ETF can be accessed from the convenience of your brokerage account.- Eligible for Qualified and non-Qualified Investment Accounts
Shares of HBAR can be held in standard brokerage accounts as well as self-directed IRAs and other tax-advantaged structures
Performance Overview
As of 11/14/2025
*Canary HBAR ETF inception date: 10/27/2025
Performance of one year or less is not annualized. NAV performance is calculated based on the official closing values as of 4:00 p.m. ET. Market Price performance reflects the midpoint of the bid-ask spread as of 4:00 p.m. ET, and does not represent the returns an investor would receive if shares were traded at other times. Fund returns are calculated net of expenses.
Premium/Discount
Number of Days At:
| 2025 | Q1 | Q2 | Q3 | Q4 | |
| Premium | 5 | - | - | - | 5 |
| NAV | 1 | - | - | - | 1 |
| Discount | 6 | - | - | - | 6 |
The above table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund’s daily net asset value (“NAV”). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than NAV when those shares are sold because shares are bought and sold at current market value.
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. Extraordinary performance is attributable in part due to unusually favorable market conditions and may not be repeated or consistently achieved in the future. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Any applicable brokerage commissions will reduce returns.
Investment Details
Ticker
HBR
CUSIP
136945102
ISIN
US1369451026
Exchange
Fund Type
Digital Asset
Inception Date
10/27/2025
Administrator
U.S. Bank Global Fund Services
Marketing Agent
Paralel Distributors LLC
Cash Custodian
U.S. Bank National Association
Sponsor
Canary Capital Group LLC
Sponsor Fee
0.95%
Digital Asset Custodians
Bitgo Trust Company LLC
Coinbase Custody Trust Company LLC
NAV
21.37
NAV Change Dollars
-1.04
Market Price
21.25
Market Price Change Dollars
-1.08
Premium/Discount Percentage
-0.61
Median 30 Day Spread Percentage
0.39
Net Assets
63,910,949.59
As of 11/14/2025
Holdings
Holdings are subject to change
As of 11/17/2025
Documentation
Prospectus
Fact Sheet
10-K
10-Q
About Canary Capital Group
Our investment team is composed of crypto native and traditional finance professionals with over a decade of digital asset trading and management experience. Robust trading and custodial risk management processes are integrated across all of Canary Capital's digital asset products to ensure client assets are executed with the highest standards of safety and efficiency.
About HBAR
Fast & Efficient Transactions
The Hedera Network is built on the hashgraph distributed consensus algorithm whose data structure and consensus mechanism are an alternative to typical blockchain processing. Whereas blockchain technology is serial and sequential, the hashgraph records transactions in a structure called a directed acyclic graph (DAG) which reduces data size per transaction, thereby lowering costs, increasing speed, and ultimately achieving higher levels of scalability.
Token Supply
A total of 50 billion HBAR were minted at the launch of the Hedera Network in August 2018, with more than 84% of the supply now in circulation.
Utility and Adoption
HBAR fuels transactions on the Hedera Network, which support a variety of applications including decentralized finance, decentralized identity, music-streaming services, pharmaceutical supply chain management, energy microgrids and multi-player online games.
Learn More
To talk with our sales team about the Canary HBAR ETF, please fill out the form:
Investing Involves Significant Risk. The loss of principal is possible. Canary HBAR ETF (the "Fund") may not be suitable for all investors. This website does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial advisor/financial consultant before making any investment decisions.
The Fund’s investment objectives, risks, charges and expenses should be considered before investing. The prospectus contains this and other important information, and it may be obtained at https://etfs.canary.capital/HBR/prospectus/. Read it carefully before investing.
The Fund is not a registered commodity pool or an investment company registered under the Investment Company Act of 1940. Shares of the Fund are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Funds focusing on a single asset generally experience greater volatility. Please ask your financial advisor for more information about these risks. Digital assets, such as HBAR, are a relatively new asset class, and the market for digital assets is subject to rapid changes and uncertainty. Digital assets are largely unregulated and digital asset investments may be more susceptible to fraud and manipulation than more regulated investments.
HBAR is subject to unique and substantial risks, including significant price volatility and lack of liquidity, and theft. The value of an investment in the Fund could decline significantly and without warning, including to zero. HBAR is subject to rapid price swings, including as a result of actions and statements by influencers and the media, changes in the supply of and demand for digital assets, and other factors. There is no assurance that HBAR will maintain its value over the long-term.
Fund Risks
Failure by the Fund's Custodians to exercise due care in the safekeeping of the Fund's HBAR could result in a loss to the Fund. Investors cannot be assured that the Custodians will maintain adequate insurance with respect to the HBAR held by the Custodians on behalf of the Fund to cover such losses.
The Fund is new with a limited operating history. The Fund is not actively managed and will not take any actions to take advantage, or mitigate the impacts, of volatility in the price of HBAR. An investment in the Fund is not a direct investment in HBAR. Investors will not have any rights that HBAR holders have and will not have the right to receive any redemption proceeds in HBAR. Shares of the Fund are generally bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Only Authorized Participants may trade directly with the Fund and only large blocks of Shares called "creation units." Your brokerage commissions will reduce returns.
The amount of HBAR represented by shares of the Fund will decrease over the life of the Fund due to sales of HBAR necessary to pay the sponsor's fee and fund expenses. Without increases in the price of HBAR sufficient to compensate for that decrease, the price of the shares will also decline, and investors will lose money on their investment. The liquidation of the Fund may occur at a time when the disposition of the Fund's HBAR will result in losses to investors.
The Fund’s Marketing Agent is Paralel Distributors LLC which is not affiliated with Canary Capital Group LLC or its affiliates.