Nasdaq Files for Hedera ETF Approval: A Major Step Forward in Crypto ETF Landscape

Nasdaq’s application for a spot Hedera exchange-traded fund (ETF) marks a significant advancement in the cryptocurrency ETF market. Canary Capital, the proposed ETF developer, has filed the essential 19b-4 document with the SEC, signaling their intentions to launch an HBAR-based ETF. The 240-day review period will follow, reflecting growing regulatory openness toward crypto ETFs. This application marks a crucial step in the process of bringing Hedera’s (HBAR) token into the spotlight and securing official market listing.