Grayscale Advances Hedera ETF Plans with Nasdaq Filing
- Grayscale Investments plans to launch an ETF for Hedera Network’s native token, HBAR.
- The Nasdaq Stock Market filed a 19b-4 form with the SEC to list and trade Grayscale Hedera Trust.
- HBAR is currently trading at $0.24, marking a 7.4% increase in the last 24 hours.
- Other Grayscale filings include ETFs for Cardano (ADA) and Solana (SOL).
- US President Donald Trump nominated pro-crypto Paul Atkins to head the SEC.
Grayscale Investments is moving forward with its plan to introduce an ETF for HBAR, supported by a recent Nasdaq filing. This comes amid broader efforts by Grayscale to expand its crypto ETF offerings, including those for Cardano and Solana.
Source (2.6)https://dailyhodl.com/2025/03/05/nasdaq-files-for-proposal-to-list-and-trades-shares-of-grayscale-hedera-hbar-trust/?rand=59076
