17 Mar 2025
📈SEC's Proposed Rule for Grayscale Hedera Trust Trading
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change To List and Trade Shares of Grayscale Hedera Trust (HBAR) Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
Summary
The SEC has announced a proposed rule change to allow the listing and trading of Grayscale Hedera Trust (HBAR) shares on the Nasdaq. This regulatory filing aims to provide insights on the investment framework for HBAR, promoting enhanced market access and compliance requirements for operators and investors in the cryptocurrency space.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document details a proposed rule change by the SEC to list and trade shares of Grayscale Hedera Trust (HBAR), which directly affects market participants and stakeholders in cryptocurrency and investment sectors. This includes compliance obligations related to the trading of these new trust shares and the regulatory landscape for digital assets.