Edited By
Alice Tran
A notable development in the crypto landscape arises as Grayscale has officially registered its $HBAR ETF with Delaware's regulatory body. This action raises questions and sparks discussions on the approval odds and potential market impact amid mixed sentiments from the community.
The registration of the $HBAR ETF adds a new layer to Grayscale's offerings. Users are weighing in on the significance of this move.
File Number: 10293428
Location: Delaware. Numerous ETFs are typically registered here, making it a strategic choice for Grayscale.
While the news brings excitement, the approval timeline draws scrutiny. "Curiously, will this ETF gain approval by March 2026?" questions one user. Enthusiasm for the ETF jostles against skepticism surrounding the valuation of HBAR.
A user commented, "HBAR hasnโt spiked above .27c since late July, but with this news, will that change?"
Investors are hopeful: "Iโd like to see it hit .31c or better," adds another.
Participants in user boards showcase varied responses:
Optimism over potential price boosts from the ETF news
Skepticism regarding regulatory hurdles
Concerns about Grayscaleโs expense ratios compared to traditional funds
๐น "Bloomberg estimates approval probabilities at 90%" - Insight from users
๐ธ The $HBAR price hasn't seen higher values recently, but the news may affect its trajectory.
๐ป "Expense ratios are high; I've been spoiled by Vanguard's rates" - A common sentiment expressed in user discussions.
Curiously, how will Grayscaleโs latest move shape the $HBAR market in the coming months? As the story develops, investors remain on high alert for announcements that could alter their strategies.
Experts estimate thereโs a strong chance that Grayscale's $HBAR ETF will gain approval by early 2026, as indicated by user discussions citing a 90% likelihood from sources like Bloomberg. If approved, we could see immediate shifts in investor sentiment, possibly driving the price closer to the desired .31c mark. Yet, regulatory delays remain a real concern that might stall progress, especially if authorities scrutinize the valuation of HBAR and Grayscaleโs expense ratios against the backdrop of broader market conditions. The next few months will be crucial as participants brace for news that could tip the scales positively or negatively for the ETF's future and HBARโs market performance.
In the early 2000s, the tech boom saw a similar wave of excitement surrounding new offerings amid mixed public sentiment. Investors were buoyed by innovative projects, yet regulatory uncertainty loomed large. Just as many were hesitant to fully embrace those new technologies without clear guidance, present-day investors face caution over Grayscale's high expense ratios and regulatory hurdles. History illustrates that periods of high anticipation can lead to stark contrasts in outcomes, reminding us that while optimism can propel markets, uncertainty often demands a careful assessment of underlying value before celebrating potential gains.