The U.S. Securities and Exchange Commission (SEC) has set November 12 as the deadline for making a final decision on the Grayscale Hedera spot ETF.
the U.S. Securities and Exchange Commission (SEC) must approve or reject the Grayscale HBAR spot ETF by November 12, and cannot be further postponed. If the ETF is approved, it will become the first HBAR spot ETF in the United States, allowing investors to access the native token HBAR of the Hedera network through this regulated channel.
The background to this decision is that, with increasing regulatory scrutiny, institutional demand for altcoin ETFs is continuously rising.
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