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SEC Postpones Approval Of Hashdex Mixed Bitcoin And Ethereum ETF Bitcoinist 11 Aug 2024

SEC Postpones Approval Of Hashdex Mixed Bitcoin And Ethereum ETF ⏳

The US Securities and Exchange Commission (SEC) postponed the approval decision on a mixed Bitcoin and Ethereum spot ETF proposed by Brazilian asset manager Hashdex. This decision comes amid a critical approval deadline, causing a delay in the investment fund's progress. The SEC's decision impacts the proposed dual crypto ETF, adding to the uncertainties in the regulatory environment for cryptocurrency-based investment funds. Hashdex's dual spot ETF aims to offer investors diversified exposure to both Bitcoin and Ethereum, two of the largest cryptocurrencies.

Source: bitcoinist.com ↗