$HBAR Eyes Institutional Growth Amid ETF Interest and Strong Corporate Backing
Hedera Hashgraph (HBAR) continues to position itself as a blue-chip crypto asset, backed by an elite governing council featuring IBM, Google, and Boeing. This high-profile corporate support not only boosts investor confidence but also underscores HBAR’s strong compliance track record — a key reason it has steered clear of being labeled a security since its 2019 launch.
This regulatory clarity has encouraged asset managers to pursue spot ETF applications, such as Grayscale Canary’s recent filing with the SEC. With a market cap hovering around $6.66 billion, HBAR boasts the liquidity needed to support such institutional investment products.
According to CoinCodex, HBAR may dip slightly by -2.23% to $0.183739 between May 7 and May 7, 2025. While sentiment remains neutral, the Fear & Greed Index sits at 67 (Greed), suggesting investors are leaning bullish. Over the past 30 days, HBAR has recorded gains in 53% of sessions with a moderate 7.74% volatility rate.
Technically, market conditions appear favorable for accumulation, especially if ETF approval and deeper corporate integration materialize. These developments could attract long-term institutional capital and potentially fuel sustained growth in the upcoming quarter.