2025-07693Notice

Nasdaq's Grayscale Hedera Trust Faces Extended SEC Scrutiny

Published Date: 5/5/2025

Notice

Summary

The SEC is taking more time to decide if Nasdaq can list and trade shares of the Grayscale Hedera Trust (HBAR), a new crypto-based investment. This affects investors interested in HBAR and could impact when these shares become available to trade. The decision deadline is now extended to June 15, 2025, giving regulators extra time to review everything carefully.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Listing Decision Delayed for HBAR Shares

If you invest in crypto-linked securities, the SEC extended its review of Nasdaq’s proposal to list Grayscale Hedera Trust (HBAR). The original 45-day review (ending May 1, 2025) was extended and the Commission will act by June 15, 2025, which delays when these shares might become available to trade.

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Key Dates

Effective Date
Published Date
4/29/2025
5/5/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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