SEC Delays Hedera Spot ETF Approval: Impact on Market Sentiment

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on Grayscale’s Hedera spot ETF application, significantly impacting the crypto ETF market. The deadline is now set for June 2025, affecting assets like Hedera, Polkadot, Bitcoin, and Ethereum. This delay follows a historical trend of SEC delays in crypto ETF reviews, as seen in Nasdaq filings and SEC document 34-102923.