SEC Delays Approval for Hashdex ETF Aimed at Bitcoin and Ethereum Holdings
⏳
The U.S. Securities and Exchange Commission (SEC) has deferred its ruling on the Hashdex Nasdaq Crypto Index US ETF. This exchange-traded fund intends to include holdings of both Bitcoin and Ethereum. The postponement reflects ongoing regulatory scrutiny in the rapidly growing cryptocurrency market.
The exact reasons for the delay were not specified by the SEC. This development is significant as it impacts investor sentiment and the broader acceptance of cryptocurrency ETFs in traditional financial markets.
The decision now extends the timeline for Hashdex and other similar ETFs waiting for regulatory approval, which could influence future actions and strategies within the industry.
Source: en.coinotag.com ↗
