HBAR News – On July 13, 2025, the U.S. Securities and Exchange Commission (SEC) extended its review of Hedera-based stablecoin ETF proposals, with a decision expected by August.
These ETFs, proposed by firms like Grayscale, aim to provide investors exposure to stablecoin transactions on Hedera’s network, leveraging its $500 million Q2 stablecoin volume.
HBAR rose 3% to $0.2052, with futures open interest at $225.98 million, signaling market optimism.
Hedera’s hashgraph, processing thousands of transactions per second, supports stablecoins like USDC, with a network supply of $131 million.
The ETFs target institutional investors, aligning with the U.S.’s GENIUS Act, which mandates reserve transparency.
The SEC’s caution stems from concerns about market manipulation, as altcoins like HBAR operate in a regulatory gray area, unlike commodities.
The BIS’s June 24 report warned of stablecoin systemic risks, pushing the SEC to prioritize investor protection.
Grayscale’s inclusion of HBAR in its Smart Contract Platform Fund, boosting HBAR 11% last week, underscores institutional confidence.
However, competition from Hong Kong’s $1.2 billion stablecoin issuance and Solana-based stablecoins challenges Hedera’s ETF prospects.
A successful ETF could drive HBAR to $0.27, but rejection risks a drop to $0.15. Hedera’s scalable technology and council governance position it for ETF success, but regulatory hurdles must be cleared.
