5 months ago
26
The US SEC is presently mulling implicit announcing approvals to a spree of ETF applications that it has successful store for investors. In a latest development, the US SEC has acknowledged Grayscale’s Hedera (HBAR) ETF, giving much speculative communicative for the investors to research and develop. At the aforesaid time, the US SEC has delayed the approvals of starring ETFs until May 2025, perchance connected relationship of heavy contemplation and probe arsenic good arsenic to fig retired the champion strategical program of occurrence earlier officially approving the ETF for the investors to research and commercialized with. Will HBAR assertion a caller terms precocious if its ETF gets approved by May 2025? Let’s find out.
Also Read: Dogecoin Has Dipped 50%: Buy the Dip To Become Rich?
HBAR ETF Approval successful May 2025?
Source: HederaThe US SEC has acknowledged Grayscale’s HBAR ETF, which has go a caller fashionable taxable wrong the cryptocurrency industry. Despite the delay, the US SEC has acknowledged Grayscale’s HBAR ETF, followed by Bitwise’s DOGE ETF filing.
In summation to this, the HBAR ETF acknowledgement has led anticipatory cues to instrumentality clasp of the market. According to Shawn, a notable cryptocurrency analyst, the US SEC has not delayed the HBAR ETF, starring the marketplace to expect its motorboat soon.
“
BREAKING: $HBAR ETF is the lone 1 that has not been postponed by the SEC. Expecting support wrong 65 days from now. The Canary and Grayscale HBAR ETFs could beryllium the archetypal alternate crypto ETFs disposable connected the NASDAQ. This could instrumentality a monolithic chunk of the Ethereum ETF volume.”
BREAKING: $HBAR ETF is the lone 1 that has not been postponed by the SEC.
Expecting support wrong 65 days from now.
The Canary and Grayscale HBAR ETFs could beryllium the archetypal alternate crypto ETFs disposable connected the NASDAQ.
This could instrumentality a monolithic chunk of the Ethereum ETF… pic.twitter.com/9hAI1MCszZ
At the aforesaid time, Shawn stated however the approvals whitethorn travel arsenic aboriginal arsenic May 15th per the accepted timeline, prompting a caller terms epoch for the HBAR to bask in.
“BREAKING: Next $HBAR ETF acknowledged by the SEC.. Expecting first approvals by May 15th and trading to commencement connected NASDAQ connected May 24th.”
On the different hand, James Seyffart, a starring Bloomberg ETF analyst, stated however delaying different crypto ETFs is simply a modular process by the US SEC.
“Yes, the SEC conscionable punted connected a fig of altcoin ETF filings, including Litecoin, Solana, XRP & DOGE. It’s expected arsenic this is modular process & Atkins hasn’t adjacent been confirmed yet. This doesn’t alteration our (relatively high) likelihood of approval. Also enactment that the last deadlines aren’t until October for these.”
Yes, the SEC conscionable punted connected a clump of alt coin ETF filings including Litecoin, Solana, XRP & DOGE. It's expected arsenic this is modular process & Atkins hasn't adjacent been confirmed yet. This doesn't alteration our (relatively high) likelihood of approval. Also enactment that the last deadlines…
— James Seyffart (@JSeyff) March 11, 2025Also Read: AI Predicts Ripple’s Price If Franklin Templeton’s XRP ETF Is Approved
The Token’s Price Prediction Post Its ETF Approval
Per ChatGPT, Hedera (HBAR) could surge arsenic precocious arsenic $0.60 successful a short-term script (1-2 weeks station the approval).
At the aforesaid time, the mid-term script includes HBAR surging arsenic precocious arsenic $0.75. This whitethorn hap erstwhile organization involvement towards the token notes a credible spike.
Source: ChatGPTFurthermore, HBAR whitethorn surge to deed $1 to $1.50 successful a semipermanent script (one twelvemonth oregon much station the ETF approval) if its ecosystem continues to turn steadily and rapidly.
Also Read: Chainlink Recovery Incoming? LINK Looks to Retake $14 successful March
English (US) ·