SEC Pauses on Hedera Crypto Trust—Blockchain Dreams on Hold
Published Date: 9/12/2025
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 kind of investment tied to a digital commodity. This affects investors and the crypto market, as the decision could open up new trading options or delay them. The SEC’s review period has been extended, so expect a final call later than originally planned.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
SEC Extends Review Deadline for HBAR Listing
The SEC extended its review of Nasdaq’s proposed rule change to list and trade shares of the Grayscale Hedera Trust (HBAR) by 60 days. The original 180-day review period would have ended on September 13, 2025; the Commission now set November 12, 2025 as the new date to approve or disapprove the proposal.
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