Grayscale, the globe’s largest digital asset conglomerate, has published the quarterly rebalance report for Q3, bringing great news for HBAR investors. Currently offering over 30 cryptocurrency investment vehicles, Grayscale is also known as a top contender to launch an altcoin based exchange-traded fund (ETF), including a standalone HBAR ETF.
Grayscale Pushes HBAR In Smart Fund
Grayscale’s foray into Hedera Hashgraph (HBAR) comes as a substitute to Polkadot (DOT) in the smart contract fund. The digital asset management heavyweights had adjusted GSC Fund’s portfolio by selling Polkadot (DOT) along with its related fund components in proportion to the allocated percentage of DOT. Instead, Grayscale added HBAR.
Now, the amended rates in this Grayscale Fund basket present a different landscape. Ethereum (ETH) remains the leading asset with 30.22%, while Solana (SOL) comes very close at 29.87%. Then, there’s 18.57% of Cardano (ADA) and 8.78% of Sui’s Layer-1 native crypto. Finally, the remaining 12% is split between Avalanche (AVAX) & the newcomer Hedera (HBAR).
HBAR’s 6-Month Downtrend Is Broken?
Whilst Grayscale’s HBAR push could materialize into an exchange-traded fund (ETF) by the end of October, crypto market observers notice the make-or-break price level of $0.17. This key level was restored with the help of today’s 6.2% run, boosting Hedera (HBAR) to a brand new 7-day high.
If HBAR’s price manages to close above $0.17, the bulls might be preparing a harder bounce back. For this to happen, large investors, otherwise known as crypto whales, ought to get back in the game. As of now, the large-money tracking Chaikin Money Flow (CMF) index is hovering above 0.31, which is deemed an ultra bullish sign.
At the current price moment, HBAR’s price is trading above the red-label Bollinger Band (BOLL) at $0.167, which adds strength to the trend. Amplified with high correlation with Bitcoin (BTC), Hedera’s native crypto price movement on Wednesday was just one cent below claiming a new monthly peak, breaking above all three Bollinger Band envelopes.
On The Flipside
- Aside from adding HBAR crypto, Grayscale also made amendments to two other funds, including other alternative crypto currencies.
- To illustrate, Grayscale’s AI-focused crypto fund now includes Bittensor (TAO), NEAR Protocol (NEAR), The Graph (GRT) & others.
Why This Matters
Paving its way to the traditional stock markets, HBAR is a top contender for an altcoin ETF, now solidified with Grayscale’s public recognition of this asset.
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People Also Ask:
HBAR is Hedera’s cryptocurrency, powering fast, low-cost transactions on its blockchain, like a starry spark in the crypto universe.
Grayscale added HBAR on July 7, 2025, replacing Polkadot (DOT) to boost exposure to Hedera’s efficient smart contract platform, driving a 2-4.7% HBAR price surge.
HBAR’s price jumped 6.2% to $0.17, with 5.8% fund allocation, boosting visibility and investor interest, like a new star shining brighter.
Hedera’s Hashgraph supports 10,000 transactions per second with low fees ($0.0001), ideal for enterprise-grade smart contracts, outpacing many rivals.
With Grayscale’s backing, a potential ETF decision, and Kraken listing on July 10, 2025, HBAR’s market price could hit $0.33 if it breaks $0.17 resistance.
