Crypto:
29757
Bitcoin:
$67.321
% 0.25
BTC Dominance:
%54.3
% 0.12
Market Cap:
$2.43 T
% 0.29
Fear & Greed:
73 / 100
Bitcoin:
$ 67.321
BTC Dominance:
% 54.3
Market Cap:
$2.43 T

Is Hashdex Bitcoin ETF Approved? SEC Announced!

Is Hashdex Bitcoin ETF Approved? SEC Announced!
The situation became clear after news emerged in the past hours! So, has Hashdex Bitcoin ETF been approved?
Following a misconception, the current situation has become clear; the United States Securities and Exchange Commission (SEC) stated that there is no approval for the Hashdex Bitcoin Futures Fund (ETF), which was previously announced as approved by the popular news source The Block. The development came to light after the SEC approved a series of amendments related to the Hashdex Bitcoin Futures Fund and The Block Pro misinterpreted this situation.
The statement made by the Commission announced the filing of a proposed rule change and clarified that this change would take effect immediately. However, this situation was misunderstood by some circles as the approval of Hashdex Bitcoin ETF.
Faced with such a situation, The Block quickly made a correction, transitioning from the misleading headline “ETF approved” to a more accurate statement, saying, “SEC approves proposal to change statements related to Hashdex Bitcoin Futures Fund.”
An ETF analyst evaluating this situation commented, “I believe this is just an approval order to move hashdex from teucrium to Tidal’s trust.”
In conclusion, with this misunderstood situation regarding the Bitcoin ETF and the SEC, it is understood that there is no approval on the horizon yet for investors awaiting the commission’s new ETF decisions. However, the change in statements related to the Hashdex Bitcoin Futures Fund is considered a significant development in this field.
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