Bitwise CEO Hunter Horsley hints at a major announcement, po | Ansh Shivhare on Binance Square

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Bitwise CEO Hunter Horsley hints at a major announcement, potentially an S-1 filing for spot Ethereum ETF to likely launch before July 4.

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🚨 Big move in the crypto ETF space! 🚨 Nasdaq has officially filed a 19b-4 on behalf of Grayscale’s Spot Hedera (HBAR) ETF. If approved, this would mark the first-ever spot HBAR ETF, bringing more institutional access to Hedera’s ecosystem. What does this mean for Hedera and the broader crypto market? 🧵👇 1/ What’s a 19b-4? A rule change proposal that exchanges (like Nasdaq) file with the SEC to list new products. It’s a crucial step toward ETF approval, but not the final one. 2/ Why is this important? Grayscale is doubling down on expanding crypto ETFs after its success with GBTC. A spot HBAR ETF could bring fresh institutional demand. More legitimacy & exposure for Hedera’s enterprise-focused blockchain. 3/ What’s next? The SEC will review and either approve, deny, or delay. Expect months of back-and-forth before a final decision. If this gets approved, HBAR could see massive adoption. Bullish or skeptical? Let’s discuss. 🔥👇

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