Key Notes

HBAR gains 3% in 24 hours, hitting $0.20 after ETF inflows surge.

Canary’s HBAR ETF records $44 million in net inflows, leading altcoin peers.

Falling wedge breakout pattern projects up to $0.50 if bullish momentum holds.

After closing October with a 13% loss, Hedera (HBAR) price dipped by another 3% in the last 24 hours, hitting $0.19 on November 2. As macro headwinds taper off, Hedera appears to be benefiting from $44 million ETF inflows, as institutional investors take on a bullish outlook on HBAR’s enterprise solution prospects.

Do Corporate Investors Prefer Hedera to Litecoin?

Canary’s HBAR ETF, trading on Nasdaq, was among the altcoin ETFs approved for trading on October 28, alongside Solana and Litecoin.

HBAR price surged to a 20-day peak of $0.21 during its listing

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