SEC Acceptance Of Nasdaq Grayscale HBAR Trust ETF Proposal Dey Show Say Regulation Fit Dey

The U.S. SEC don acknowledge Nasdaq proposal to list and trade shares of the Grayscale Hedera Trust, wey mark one big step towards offering regulated exposure to Hedera Network native token, HBAR. This announcement open 21-day public comment period, wey go allow industry people to give feedback. The commodity-based trust wey dem propose, wey no allow direct redemptions, fit trade at a premium or discount to the asset value. BNY Mellon go handle the administration, with CSC Delaware as trustee and Coinbase Custody managing assets. This filing dey part of one bigger wave after recent political and administrative changes, wey dey show say SEC dey change mouth on top crypto investment products, wey the recent approvals of Bitcoin and Ethereum ETFs don show. But, dem don postpone decisions on top other altcoin ETFs, like Grayscale XRP ETF. Grayscale and Canary Capital na big players for the launch of HBAR-focused ETFs, while Bitwise don reveal one new Bitcoin Standard Corporations ETF.