Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Hashdex's Unique Approach Could Give Its Spot-Bitcoin ETF Application an Edge with SEC

Hashdex's Unique Approach Could Give Its Spot-Bitcoin ETF Application an Edge with SEC

CointimeCointime2023/11/02 18:18
By:Cointime

Analysts believe that the probability of Hashdex's spot-bitcoin exchange traded fund (ETF) application being approved by the Securities and Exchange Commission (SEC) is higher than that of the other 11 applicants due to its unique approach. The firm's application is building upon the SEC's guidance and will rely entirely on CME pricing. Hashdex aims to shift the investment strategy of its already trading Hashdex Bitcoin Futures ETF (DEFI) into one that can hold spot-bitcoin ETF. The firm's decision to use CME over Coinbase for the SEC's requirement of a surveillance-sharing agreement (SSA) could give it an edge over other applicants.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Honda prepares to send its hydrogen tech to space

Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.

Cryptopolitan2025/04/04 19:12

ETH just had lowest quarterly return since Q2 2022: Blockworks Research

The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

Blockworks2025/04/04 18:22
ETH just had lowest quarterly return since Q2 2022: Blockworks Research