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Just In: Grayscale Files 19b-4 For Hedera ETF With US SEC

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Summary
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61% Informative

Nasdaq Stock Market LLC has filed 19b-4 to list and trade Hedera ETF with the SEC .

Grayscale Investments plans to track the underlying price of HBAR , the native currency of the HederA blockchain.

If approved, qualified investors can gain exposure to HBAR without directly holding the asset.

The firm joins Canary Capital as push for altcoin ETF offerings grow.

VR Score

36

Informative language

20

Neutral language

44

Article tone

formal

Language

English

Language complexity

45

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not offensive

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not hateful

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not detected

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short-lived

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