Hashdex’s Bitcoin-Ethereum ETF gets a nod from the SEC
Share link:In this post: The SEC has confirmed receipt of Hashdex’s application for a Bitcoin-Ethereum ETF, with a decision expected by March 2025. The fund will not invest in crypto securities, tokenized assets, or stablecoins, focusing solely on BTC and ETH. Hashdex’s ETF proposal includes a 70% weighting for Bitcoin and 30% for Ethereum.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page.
The U.S. Securities and Exchange Commission (SEC) has confirmed receipt of the 19b-4 application for the Hashdex Nasdaq Crypto Index ETF. This ETF will hold both spot Bitcoin and Ethereum.
Nate Geraci, president of The ETF Store, stated that the final deadline for SEC approval should be around the first week of March 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oasis (ROSE) Breakout Alert: Targeting $0.133, $0.305, and $0.415
President Nayib Bukele Meets Musk at Tesla, Discusses El Salvador’s Tech Future
Dogecoin’s Bullish Momentum Builds, but Can It Break $0.11?
US spot bitcoin ETFs see inflows worth $92 million; BTC edges down
U.S. spot bitcoin exchange-traded funds (ETFs) recorded total daily net inflows of $92 million on Friday, spread across seven funds.