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US SEC Delays Approval of Canary HBAR Spot ETF and Bitwise Bitcoin and Ethereum ETF

US SEC Delays Approval of Canary HBAR Spot ETF and Bitwise Bitcoin and Ethereum ETF

CointimeCointime2025/04/25 09:33
By:Cointime

according to regulatory documents released on April 24, the U.S. Securities and Exchange Commission (SEC) has delayed the deadline for Grayscale's application to convert the Polkadot Trust into a spot ETF and Canary Capital's plan to list an HBAR spot ETF to June 11. In addition, Bitwise's approval for a Bitcoin and Ethereum ETF has also been postponed to June 10. The SEC stated that more time is needed to evaluate the proposals and public opinions.

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