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US SEC Acknowledges Grayscale’s Hedera ETF Filing, What Next?

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Summary
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80% Informative

US SEC Acknowledges Grayscale’s application to list a Hedera (HBAR) ETF on the Nasdaq stock exchange.

The proposed HBAR ETF will track the price of the native token, HBAR .

If approved, the shares of this trust would trade under commodity-based trust share rules.

The SEC has opened a 21-day public comment period, during which market participants and the general public can submit feedback.

The decision could have broad implications for cryptocurrency investment landscape.

VR Score

74

Informative language

70

Neutral language

62

Article tone

formal

Language

English

Language complexity

54

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not offensive

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not hateful

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short-lived

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