Hedera
Why Hedera is down 1.0% in the last hour
Analysis
Hedera (HBAR) slipped about 1.0% over the past hour as sentiment weakened following reports that Grayscale withdrew its trust ETF registration filings that included Hedera. The news likely reduced near-term expectations for an ETF-related catalyst, contributing to modest selling pressure in HBAR.
Contributing Factors (1)
Grayscale Withdraws Cardano, Hedera And Polkadot Trust ETF Registrations
Grayscale has voluntarily withdrawn registration statements for its Cardano, Hedera, and Polkadot Trust products, pausing another set of altcoin ETF ambitions before they reached market.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.