US giant asset management company Grayscale Investments, Ivy In order to list and trade the ETF, the US Securities and Stock Exchange Commission (SEC) applied to 19B-4.
On behalf of Grayscale Nasdaq The stock market has applied for 19b-4 for the HELA ETF product.
If approved, Hedera ETF will be traded on the Nasdaq stock exchange like Grayscale’s other funds. The basic details connected to the fund, such as the selected storage organization for HEDera ETF, were not explained. But Grayscale’s Bitcoin and Ethereun ETFs GBTC and Ethe chosen for CoinbaseIt can be selected as a storage organization.
In recent weeks, Canary Capital applied for an HBAR ETF and pioneered HBAR applications.
While Grayscale did not apply for the first ETF for the subcoins, Cardano (ADA), Dogecoin (DOGE), Solana (SOL) ve XRP ETF applied for.
Apart from popular subcoins TRUMP, MELANIA ve BONK ETF application was also made for popular memecoins. According to Bloomberg analysts, XRP, Solana ve Litecoin While the approval rates remain high for ETFs, the probability of Memecoin ETFs is still uncertain.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/grayscaleden-yeni-hamle-geldi-surpriz-bir-altcoin-icin-etf-basvurusu-yapildi/
