SEC opens test procedure for Grayscale Hedera Spot-ETF: extension of the deadline and analyst forecasts on the probability of admission

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SEC leitet Prüfverfahren zum Grayscale Hedera Spot-ETF ein Die US-amerikanische Securities and Exchange Commission (SEC) hat ein formelles Prüfverfahren in Bezug auf den Grayscale Hedera Spot-ETF eingeleitet. Dieser Schritt folgt auf die Entscheidung der SEC, die Frist zur Genehmigung oder Ablehnung des ETF über den ursprünglichen Termin des 15. Juni hinaus zu verlängern. Analysten von …
SEC heads for test methods for the Grayscale Hedera Spot-ETF A formal test method in relation to the Grayscale Hedera Spot-ETF has initiated the US Securities and Exchange Commission (SEC). This step follows the decision of the SEC to extend the deadline for approval or rejection of the ETF beyond the original date of June 15th. Analysts of ... (Symbolbild/KNAT)

Sec heads for test procedures for the Grayscale Hedera Spot-ETF

The US Securities and Exchange Commission (SEC) has initiated a formal test procedure in relation to the Grayscale Hedera Spot-ETF. This step follows the decision of the SEC to extend the deadline for approval or rejection of the ETF beyond the original date of June 15th.

Analysts from Bloomberg have quantified the probability of approval of the ETF. This could have an impact on the entire market environment for cryptocurrency ETFs, since the examination of the Grayscale Hedera product could be an important step for acceptance and regulation from derivatives to digital assets.

A spot ETF enables investors to invest directly in the underlying cryptocurrency instead of investing in futures or other derivative products. The approval of such a product could increase the interest in cryptocurrency Hedera and investors offer simplified access to this form of investment.

The developments related to the Grayscale Hedera Spot-ETF are carefully pursued by the financial world because they have the potential to set a new standard for regulating cryptocurrency ETFs.