Grayscale files S-1 for Hedera ETF
Grayscale aims to broaden its crypto ETF lineup with a proposed fund tracking Hedera's hashgraph network.
Photo: Silas Stein
Key Takeaways
- Grayscale Investments has filed an S-1 registration statement with the SEC for a Hedera ETF.
- This move is part of Grayscale's strategy to broaden its crypto ETF offerings beyond Bitcoin.
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Grayscale Investments filed an S-1 registration statement with the Securities and Exchange Commission today for a Hedera exchange-traded fund.
The filing represents Grayscale’s latest effort to expand its crypto ETF offerings beyond Bitcoin. Hedera operates a distributed ledger platform that uses a hashgraph consensus mechanism rather than traditional blockchain technology.
The S-1 form is required for companies seeking to register securities for public sale in the US. The filing does not guarantee SEC approval for the proposed Hedera ETF.
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