Crypto:
29881
Bitcoin:
$68.557
% 0.63
BTC Dominance:
%52.7
% 0.31
Market Cap:
$2.57 T
% 0.03
Fear & Greed:
75 / 100
Bitcoin:
$ 68.557
BTC Dominance:
% 52.7
Market Cap:
$2.57 T

Hashdex Changed ETF File!

Hashdex

Hashdex Changes ETF File! Hashdex, a potential Bitcoin exchange-traded fund (ETF) issuer, altered its documents on Friday, naming BitGo as the Bitcoin custodian, changing the name of its Bitcoin Futures ETF to Hashdex Bitcoin ETF, and continuing to hope for approval of America’s first spot Bitcoin ETF along with other companies early in the new year.

It reached an agreement with crypto custodian BitGo according to an amended S-1 application, a rare discrepancy among dozens of applicants. Also, the majority signed agreements with crypto exchange Coinbase; Fidelity intends to custody itself; and VanEck chose another exchange, Gemini. The update came the day after the SEC met with representatives of several other applicants. Representatives from BlackRock, Valkyrie, Fidelity, Grayscale, and Ark met with SEC officials on Thursday, according to files.

Besides, regulators requested final amendments for applications to be made by December 29, according to Reuters. The hope that regulatory approval will be granted to the spot Bitcoin ETF in the near future has risen in recent weeks. Many applicants met with the SEC and made various amendments to their applications, indicating that they would issue their ETFs as cash creation (if approved) and showing that the SEC was open for approval by addressing other minor details.

You may be interested: Paxos Stablecoins on Solana Blockchain

The deadline for the Ark 21Shares application is January 10, 2024. Any approval or rejection from the SEC must come by this date, but there are Reuters reports that a decision could be made in the first days of the new year.


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