12 Sep 2025
📈SEC Reviews Proposed Rule Change for Grayscale Hedera Trust
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Grayscale Hedera Trust (HBAR) Under Nasdaq Rule 5711(d) (Commodity Based Trust Shares)
Summary
The Securities and Exchange Commission (SEC) has designated a longer review period for the proposed rule change to list and trade shares of the Grayscale Hedera Trust under Nasdaq regulations. The extension allows the SEC to thoroughly consider the implications of the proposed listing and address any related concerns before making a final decision.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines the SEC’s review period regarding a proposed rule change for the Grayscale Hedera Trust (HBAR). Such regulatory developments can impact financial markets, investment strategies, and compliance requirements for businesses involved in cryptocurrency and asset management, making it crucial for stakeholders to stay informed.