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Hedera HBAR Jumps 5% on Grayscale ETF Filing Sparking Institutional Frenzy
Hedera HBAR Jumps 5% on Grayscale ETF Filing Sparking Institutional Frenzy
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token surged 5% to $0.24 after Grayscale filed to convert its HBAR Trust into an ETF, with the SEC decision deadline set for November 12. Trading volume exploded to 156.1 million HBAR during the rally, reflecting massive institutional interest.
Technical indicators show neutral momentum with an RSI of 54.63, indicating significant upside potential. This development aligns with increasing regulatory clarity for crypto ETFs, positioning HBAR for mainstream adoption and potential FSA recognition.
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