🟡 July 7, 2025: Final decision on the HBAR ETF in Nasdaq ✅
The U.S. Securities and Exchange Commission (SEC) must issue a final ruling on the HBAR spot ETF next Monday, July 7, 2025, according to the official timelines published in the Federal Register.
The proposal, submitted by Canary Capital Markets LLC, seeks to list an exchange-traded fund (ETF) that tracks the spot price of the HBAR token, native to the Hedera Hashgraph network, on the Nasdaq platform.
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📆 What is decided on July 7?
July 7 is the regulatory deadline for the SEC to:
1. Formally approve the ETF,
2. Reject the application, or
3. (Less likely) issue a new extraordinary extension.
The proposal has gone through several review phases since its submission earlier this year, including a final extension on June 10, which extended the period for public comments and technical analysis.
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🔍 Importance of this decision
• It would be the first spot ETF for HBAR in the United States, allowing investors to buy regulated exposure to this asset without the need to directly custody the tokens.
• HBAR is the native asset of the Hedera network, known for its high scalability, low transaction cost, and decentralized corporate governance.
The ETF would be listed on Nasdaq, which would facilitate access to HBAR from traditional investment platforms and retirement accounts, without going through crypto exchanges.
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🧭 What to expect from now on?
• The resolution could be known at any time between Friday, July 5, and Monday, July 8, although the official deadline is Monday, July 7.
• If the SEC approves the ETF, it will be a key step to increase institutional adoption of the Hedera ecosystem.
• If rejected, the promoters could still review and resubmit the proposal.
Do you think HBAR will be the new Ethereum or the new XRP?🚀🚀🚀
