NASDAQ seeks nam

The race continues to bring more boxes circulating in the encrypted currency (ETFS) to the market where Nasdaq seeks to narrate Etf Canary Hbar. The stock exchange submitted a request to the US Securities and Stock Exchange Committee (SEC) to submit ETF supported by the original symbol of the HEDERA network, HBAR.

This initiative adds to an increasing list of requests from exporters and exchanges that are planning to enter the investment funds circulating in Altcoin. The Supreme Education Council must now review and approve the deposit before the trading begins.

Crypto Etf files are gaining momentum

Canary Capital, Asset Manager behind the proposed ETF, was initially submitted for SEC approval in November. The Fund aims to provide investors by exposure to HBAR, which enhances the book of the distributor -based professor.

According to Canary, the Canary sought to obtain approval of the circulating investment funds associated with other altcoins, including Solana, reflecting the increasing demand for investment products in encryption.

Nasdak file comes amid a broader batch to expand encrypted investigative boxes. Other exporters applied for the circulating investment funds associated with cryptocurrencies such as Bolkadot and Trump (Trump) fees. In addition, the asset managers are awaiting organizational approval of the amendments to the current inventory investment funds, such as the introduction of registration options and in -kind recitations.

SEC’s position on the encoded currency has evolved greatly after President Donald Trump’s second term. The shift has already led to the launch of two investment funds circulating in the encryption index in February. Last week, Franklin Templeton presented the ETF index of Bitcoin and Ether, after the Hashdex Encrypan Index appeared in Nasdaq US US ETF (NCIQ) on February 14.

Analysts expect additional approvals in the coming months as the organizational environment continues to change. Bloomberg Intelligence estimates a 65 % opportunity for XRP ETF to obtain approval in the United States, while the possibilities of investment funds circulated in Litecoin and Solana up to 90 % and 70 %, respectively. Cointelegraph reported that the possibility of HBAR’s approval is still inaccurate, because Bloomberg has not yet been appreciated.

A variable scene of encryption investments

The previous SEC approach in the encrypted currency was more restricted. During the era of former President Joe Biden, the organizer filed many lawsuits against encryption companies, citing violations of the Securities Law. In 2024, it allowed the designs of the investment funds circulating in Bitcoin, but it rejected the proposals of the circulating investment funds associated with other digital assets.

By introducing NASDAQ HBAR ETF and an increasing number of ALTCOIN ETFS applications, SEC faces the increasing pressure to expand the investment scene in encryption.

If the approvals continue at the current speed, investors may soon have more diverse options to gain exposure to digital assets through organized financial markets.