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Grayscale files S-1 for Hedera ETF

Grayscale files S-1 for Hedera ETF

Photo: Silas Stein

Grayscale aims to broaden its crypto ETF lineup with a proposed fund tracking Hedera's hashgraph network.

Grayscale Investments filed an S-1 registration statement with the Securities and Exchange Commission today for a Hedera exchange-traded fund.

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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.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

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