
Canary’s HBAR ETF, with aspirations grander than Raskolnikov’s, found its way onto the trading floors of Nasdaq in an affair akin to the birth of Nicholas Gogol’s “Dead Souls.” It embarked on this odyssey amidst others, such as Solana and the underdog, Litecoin, on the 28th of October. On the day of its worldly debut, it leapt to a 20-day acme of $0.21, only to retreat coyly within the narrow corridor of $0.19 to $0.20. It was a spectacle most would describe as harbinger of a “sell-the-news” maneuver, where roguish speculators, much like the countless opportunists of Gogol’s Russian landscape, grasped at ephemeral profit amidst transient delirium.