{"id":14995,"date":"2025-11-03T05:59:03","date_gmt":"2025-11-03T05:59:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sec-sets-final-nov-12-deadline-for-grayscales-hedera-spot-etf-decision\/"},"modified":"2025-11-03T05:59:08","modified_gmt":"2025-11-03T05:59:08","slug":"sec-sets-final-nov-12-deadline-for-grayscales-hedera-spot-etf-decision","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sec-sets-final-nov-12-deadline-for-grayscales-hedera-spot-etf-decision\/","title":{"rendered":"SEC sets final Nov. 12 deadline for Grayscale\u2019s Hedera spot ETF decision\u00a0"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The U.S. Securities and Exchange Commission has set Nov. 12, 2025, as the final date to approve or deny Nasdaq\u2019s proposal to list and trade the Grayscale Hedera Trust.<\/p>\n<div id=\"cn-block-summary-block_e6d625a02ceb5bf3b41e7778c7969661\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The SEC must approve or deny Grayscale\u2019s spot HBAR ETF by Nov. 12, with no further extensions possible.<\/li>\n<li>Approval would mark the first U.S. spot HBAR ETF, giving investors regulated access to Hedera\u2019s native token.<\/li>\n<li>The decision follows rising institutional demand for altcoin ETFs amid increased regulatory scrutiny.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The SEC\u2019s deadline marks the last stage of review for a potential U.S. spot HBAR ETF.<\/p>\n<p>According to a Nov. 2 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/financialpress_\/status\/1985008278569685059?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\" rel=\"nofollow\">post<\/a> on X by Financial Press, which attached the SEC filings, the extension represents the maximum period allowed under Section 19(b)(2) of the Securities Exchange Act. This means the SEC can no longer delay and must issue a ruling by that date.\u00a0<\/p>\n<p>If approved, it would introduce the first spot Hedera (HBAR) ETF to U.S. markets, offering regulated exposure to the token.<\/p>\n<h2 class=\"wp-block-heading\">SEC filing and timeline<\/h2>\n<p>The proposal was initially filed by Greyscale on Feb. 28, in accordance with Nasdaq Rule 5711(d), which deals with trust shares that are based on commodities. Proceedings started on June 12 and were last postponed until Sept. 9.\u00a0<\/p>\n<p>The review has been extended multiple times. Grayscale also filed a Form S-1 registration statement outlining the trust\u2019s structure to hold HBAR and track its spot price, net of fees and liabilities.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 UPDATE: SEC Sets Final Deadline for Grayscale\u2019s Hedera <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24HBAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$HBAR<\/a> ETF Decision<\/p>\n<p>The SEC has extended its review of Nasdaq\u2019s proposal to list and trade the Grayscale Hedera Trust (HBAR) \u2013 now setting November 12, 2025 as the final deadline to either approve or deny the spot HBAR ETF\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/zZ3AaG4hqI\">pic.twitter.com\/zZ3AaG4hqI<\/a><\/p>\n<p>\u2014 FinancialPress.com (@FinancialPress_) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/FinancialPress_\/status\/1985008278569685059?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 2, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The SEC\u2019s cautious approach to altcoin ETFs is reflected in this delay. Officials stated that more research on surveillance systems, volatility, and liquidity was necessary. Given Hedera\u2019s enterprise adoption and ISO 20022 compliance, analysts now estimate a 60\u201380% chance of approval by year\u2019s end.<\/p>\n<h2 class=\"wp-block-heading\">Institutional momentum and ETF outlook<\/h2>\n<p>Hedera\u2019s ETF prospects coincide with a growing list of crypto fund applications. Canary Capital\u2019s spot HBAR ETF faces a final SEC decision on Nov. 8, four days earlier than Grayscale\u2019s, and could set the tone for subsequent rulings.\u00a0<\/p>\n<p>Hedera has also made strategic moves in recent weeks, transferring 250 million HBAR to its staking rewards account,\u00a0a pre-ETF strategy to activate yields and lock supply. The company has also been hinting at \u201cmajor developments\u201d through November.<\/p>\n<p>There are now at least six U.S. ETF filings linked to HBAR, including those from REX-Osprey and KraneShares, as institutional demand for regulated crypto products grows. On-chain metrics show strong network activity and corporate use cases in tokenization, while X discussions suggest traders see the SEC decision window as a key test for altcoin ETF adoption.<\/p>\n<p>With over 90 crypto-related ETF filings under review, including for XRP, Dogecoin, and Litecoin, the SEC\u2019s November decisions could define the next phase of institutional crypto integration.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission has set Nov. 12, 2025, as the final date to approve or deny Nasdaq\u2019s proposal to list and trade the Grayscale Hedera Trust. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14995"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14995\/revisions"}],"predecessor-version":[{"id":14996,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14995\/revisions\/14996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1532"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}