HBAR Spot ETF Halts Inflows, Litecoin ETF Gains $2.11M
Canary’s HBAR Spot ETF saw modest net inflows of $2.2m on October 29, with trading volume of $7m and AUM of $3.3m (0.04% of HBAR’s market cap). By November 10, the HBAR Spot ETF recorded zero net inflows, ending the day with NAV of $74.74m and an HBAR allocation ratio of 0.91%.
In contrast, the Canary Litecoin Spot ETF attracted $486,000 in net inflows and $1.5m in volume on October 29, lifting AUM to $1.46m (0.02% of LTC’s market cap). On November 10, it drew $2.11m in single-day net inflows, raising NAV to $6.06m (0.05% of Litecoin’s market cap).
These diverging spot ETF flows highlight shifting investor demand between Hedera (HBAR) and Litecoin. Crypto traders can use these trends to gauge market sentiment and adjust positions accordingly.
Neutral
Litecoin’s strong single-day inflows of $2.11m on November 10 point to bullish demand for LTC, potentially driving short-term price gains. Conversely, HBAR Spot ETF saw zero net inflows that day, suggesting muted investor interest and limited upside in HBAR. Over the longer term, sustained spot ETF adoption can support both tokens, but the contrasting flows indicate capital shifting toward Litecoin. These opposing signals balance out, resulting in a neutral overall market impact for HBAR and Litecoin ETFs.