- The SEC’s final ruling on the Grayscale Hedera ETF is due by November 12, 2025.
- The first spot Solana, Litecoin, and Hedera ETFs saw strong debut trading volumes.
- Grayscale’s Canary HBAR ETF attracted $44 million in net inflows within its first week.
The U.S. Securities and Exchange Commission (SEC) has officially set November 12, 2025, as the final deadline for its decision on the Grayscale Hedera Trust (HBAR) ETF proposal. This move follows the SEC’s latest extension of Nasdaq’s application to list and trade the product, marking the last possible delay before a definitive ruling.
The Final Countdown for HBAR ETF
This deadline means the end of the SEC’s review period. The agency cannot extend the timeline any further, meaning a final verdict, either approval or denial, will be delivered by mid-November.
If denied, the SEC must publish a detailed explanation outlining its reasoning, typically focusing on issues such as market manipulation, liquidity, or investor protection. Grayscale could then choose to refile the application or pursue an appeal.
Institutional Timing and Attention
The timing of this decision comes as institutional adoption of altcoin-based ETFs gains traction. Just last week, Wall Street saw the debut of the first spot Solana (SOL), Litecoin (LTC), and Hedera (HBAR) ETFs. These launches attracted strong opening-day interest.
On day one, the Solana ETF recorded $56 million in trading volume, while the HBAR ETF reached $8 million, and the Litecoin ETF $1 million.
The trend continued throughout the week, with Grayscale’s Canary HBAR ETF absorbing $44 million in net inflows, bringing its total assets to $45.93 million. In contrast, Litecoin’s ETF saw decent growth with just over $1.6 million in assets.
Related: Solana vs Ethereum: Analyst Says SOL Is ‘Winning’
Market Reaction and Price Outlook
Following the initial ETF news, HBAR surged 16% in value. However, the current market remains volatile. As of the time of writing, HBAR trades around $0.182, down about 6% over the past 24 hours.
There is strong support near $0.19 and resistance around $0.22. If HBAR remains under pressure, a short-term retest near $0.176 could occur before a rebound attempt. HBAR’s price has closely mirrored Bitcoin’s dominance shifts, which recently spiked above 59.8%, pressuring altcoins across the board.
Related: Altcoin Market (TOTAL3) Breaks 4-Year, $1.13 Trillion Resistance: Analysts Declare ‘Altcoin 3.0’ Setup
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Source: https://coinedition.com/sec-sets-final-deadline-for-grayscales-hedera-hbar-etf-decision/
