The post Grayscale Hedera ETF: Nasdaq Seeks SEC Nod, HBAR Price Jumps 17.5% appeared first on Coinpedia Fintech News
The Nasdaq Stock Market LLC has taken another big step toward bringing a Hedera (HBAR) ETF to the market. The exchange recently filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list and trade Grayscale’s spot Hedera ETF. This move has sparked excitement in the crypto space, especially among Hedera investors.
Over the past week, HBAR’s price has surged by 17.5%, with a 0.5% gain in just the last hour. Could this be the beginning of a bigger rally?
Let’s analyse the scenario deeper.
Nasdaq Seeks SEC Approval for Spot HBAR ETFOn Monday, Nasdaq submitted the filing to the SEC, taking a key step toward getting the ETF listed and traded. For any ETF to be available on a major exchange, it must first receive SEC approval.
Nasdaq files 19b-4 to list & trade Grayscale Hedera ETF (HBAR)… pic.twitter.com/lbuyymptU7
— Nate Geraci (@NateGeraci) March 3, 2025A 19b-4 form is an essential regulatory document that helps introduce new investment products like ETFs into the stock market. Once the SEC acknowledges the filing, the approval process officially begins, making this a crucial milestone.
On Track for Approval?This isn’t the first time Nasdaq has sought approval for a spot Hedera ETF. The exchange previously filed a similar request for Canary Capital’s spot HBAR ETF.
Renowned ETF analyst Eric Balchunas has predicted that Hedera and Litecoin ETFs have the best chances of receiving SEC approval compared to other altcoin ETFs. His statement has added further optimism to the market.
What Makes Hedera Different?Hedera is a public network that allows developers to build and run applications. Unlike traditional blockchains, it operates on hashgraph technology, designed to be faster, more secure, and more efficient.
Jonathan Dotan, founder of EQTYLAB, emphasized Hedera’s strengths:
“Hedera’s enterprise-grade infrastructure, backed by a Council of global leaders like Dell Technologies, sets it apart from other blockchains by providing the scalability and security essential for bringing Verifiable Compute to market. Its visionary leadership team has long shaped the network to meet real-world business needs, positioning it as a trusted platform for enterprise adoption.”
.article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } HBAR Price AnalysisDespite an 18.7% drop over the past 30 days, Hedera’s price has surged 17.5% in the last week, showing signs of recovery. In the last hour alone, it has gained over 0.5%.
Currently, HBAR’s market capitalization stands at $9,543,646,221, with a 24-hour trading volume of $756,217,012.
ETF approval or not, Hedera’s latest price action signals growing confidence in its future.
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