Anthony Scaramucci Weighs In on Major Hedera ETF Development
The crypto market is buzzing with excitement as Hedera (HBAR) gets closer to launching a spot platform-traded fund (ETF).
, the founder of SkyBridge Capital, was very delighted about this large news. He thinks that the approval of a Hedera ETF is “inevitable.” His comments have sparked interest and excitement among investors, which will assist HBAR’s price outlook and encourage more institutions to use it.
Canary Capital’s Filing Changes The Game For Institutional Momentum
The Hedera Foundation’s comment, “Time for an HBAR ETF?” made the idea of an HBAR ETF more likely. ‘s recent filing with regulators to launch the Hedera ETF on Nasdaq, which mentioned changes through October 2025, immediately supported this.
Scaramucci’s shows that altcoin ETFs are gaining more and more support, even if there is a lot of uncertainty about regulations and the U.S. government is shut down, which has hurt critical financial institutions.
The SEC’s future decisions are being watched closely by the market as several asset managers, including Grayscale, 21Shares, , CoinShares, and WisdomTree, compete for altcoin ETFs for Cardano, Solana, Chainlink, and XRP. The BTC ETF’s introduction in January 2024 and ETH’s acceptance later than that created a precedent, increasing the need for altcoins to be used by institutions.
Price Prediction: Hedera Rises on ETF Rumors
Scaramucci’s public confidence and the momentum from Canary Capital’s filing have had a direct effect on Hedera’s short-term market performance. later than these developments, the price of HBAR shot up by more than 17% in 24 hours, going from $0.1766 to $0.2191 before settling around $0.2114.
The amount of trading rose by more than 337%, reaching $854.09 million, which is strong evidence that investors are more interested. If the ETF receives official approval soon, analysts expect another wave of capital to flow in, which could push HBAR to new highs.
BTC and launched in the past have shown that allowing institutions to invest through regulated vehicles can significantly accelerate price increases and make the markets for the assets they hold more liquid.
A large Change for Hedera and Other Altcoins
Anthony Scaramucci’s confidence isn’t simply a sign of how the market feels; it’s also a sign of how crypto use is changing. As Hedera’s ETF prospects become more concrete, HBAR is well-positioned to profit from increased institutional interest, greater trading activity, and rising prices.
Hedera could join the growing group of cryptocurrencies making their mark in the mainstream finance world in the next few months. This would be a large deal for both and crypto ETFs.
