Hedera is a disruptive technology. Only time will tell what this means but it will be massive. Always DYOR and remember Staking starts the fall of 2021
🚨NEW: @CanaryFunds spot $HBAR and $LTC ETFs are now effective and will begin trading on the NASDAQ tomorrow, according to CEO @stevenmcclurg.
“Litecoin and Hedera are the next two token ETFs to go effective after Ethereum,” McClurg told me in a statement. “We look forward to launching tomorrow.”
Then, as confirmed by @EricBalchunas, the @NYSE has also certified 8-A filings and posted listing notices for @bitwise spot $SOL ETF to launch tomorrow and @Grayscale’s $GSOL to convert Wednesday.
How is this possible during the government shutdown, you ask? Well, the operation of law does not always actually require an open government.
It’s my understanding that the 8-A filings are just as important as the S-1s in getting these ETFs ready to launch.
A quick catchup on terminology: the 8-A formally registers ETF shares under the 1934 Act for trading on an exchange, while the S-1 registers them under the Securities Act of 1933.
This morning, @NYSE certified all the 8-A filings for the ETFs above, aka the final step before shares can start trading.
But what about the @SECGov staff needing to greenlight the S-1 registration statements?
Here’s the key: The issuers included language in their amended S-1s that lets them automatically go effective 20 days after filing. Typically, issuers delay S-1s until the SEC takes them effective, but the legal default is that the S-1 goes automatically effective without SEC intervention. That means the agency doesn’t need to approve them manually and the filings can go live on their own, even during the shutdown.
So, long story short, all the legal boxes are checked and these ETFs are on track for launch.
🚨🚨🚨 WEEKLY GIVEAWAY ALERT 🚨🚨🚨
🟢@Hedera and Web3 community, don't miss your
chance to win our 2nd Bronze NFT, leading up to our
major partnership x INO launch!
Owning a Kick Off Collection NFT gets you a piece of
the utility token action in $FOOTBALL.
To enter:
🟢Follow @TopFlight_FB
🟢Like & RT this post
🟢Tag friends below
Winner drawn randomly in 72 hours! NFT prize will be
airdropped when INO launch concludes. Winner must
join Discord to add name to the airdrop list.
Join Discord for more info: https://t.co/2xwQI2aDMC
#GIVEAWAY SOCCER NFT GAMING AIRDROP $Hbar $Up $BTC $ETH $XRP $SOL $ABSTRACT $SUI $XLM
🐳 🐳 🐳 ** $999,750 ** in USDC 💰 was just sent from Binance (0.0.1873771) to Unknown Exchange. Fees: $0.001. 🐳 🐳 🐳
🔗 View: https://t.co/CV6rOlBC5e
*Recent $ Price.
@onlylarping Add real betting to the Karate app where you can bet your Karate tokens. Then the house keeps a % to pay fighters and help replenish the Up Only pool.
And we are back! I will give my x earnings to someone who reposts this message and follows this account. Will pick a winner at random on Sunday am. Good luck!! 😀
The CoinDesk 20 is currently trading at 2716.25, up 2.8% (+72.8) since 4 pm on Thursday. Seventeen of 20 assets are trading higher.
Leaders: $ADA (+18.4%) and $XRP (+11.7%).
Laggards: $RENDER (-1.8%) and $UNI (-1.8%).
https://t.co/SxdT0Dl62Z
🚨BREAKING NEWS🚨
Canary Capital Group LLC files registration statement with SEC for an $HBAR ETF!
The Trust’s investment objective is to seek to provide exposure to the value of the native asset of the Hedera Network (“HBAR”).
LINK:
https://t.co/bbaJvnzr6N