US SEC delays approval of Canary Capital's HBAR spot ETF and other applications

TechFlow, April 25 — According to CryptoSlate, regulatory filings show that the U.S. Securities and Exchange Commission (SEC) has extended the decision deadline for Grayscale’s proposal to convert its Polkadot trust into a spot ETF, as well as Canary Capital’s application for a spot HBAR ETF, to June 11. Meanwhile, the review period for Bitwise’s joint Bitcoin (BTC) and Ethereum (ETH) ETF proposal has also been postponed to June 10.