There are rumors about the possibility of Brian Brooks, a board member of HBAR, becoming the next Chairman of the U.S. Securities and Exchange Commission (SEC), creating a more crypto-friendly regulatory environment.
Canary Capital has submitted the first application for the HBAR spot ETF, expanding access for U.S. investors.
● This is a noteworthy piece of information in the cryptocurrency field. If Brian Brooks, with a more crypto-friendly mindset, becomes the Chairman of the SEC, this could create a significant turning point in regulatory policy. Additionally, Canary Capital's registration of the HBAR spot ETF also indicates an increasing trend of cryptocurrency acceptance in traditional investment channels in the United States. Both of these factors could positively impact the cryptocurrency market, especially for Hedera (HBAR).
