SEC Deadline Looms for Grayscale HBAR Spot ETF Decision

The U.S. Securities and Exchange Commission (SEC) faces a crucial deadline: November 12th, when it must either approve or deny Grayscale’s application for its HBAR spot exchange-traded fund (ETF). This decision comes after Grayscale submitted its application on February 28th under Nasdaq Rule 5711(d), with the review process initiated on June 12. However, multiple postponements have occurred, most recently extending the deadline to September 9th.