SEC Delays Decision on Hashdex Spot Bitcoin ETF
The SEC has announced that it requires more time to decide on allowing a Bitcoin futures ETF and an Ethereum futures ETF to convert into spot ETFs, according to filings made on Wednesday.
The SEC has announced that it requires more time to decide on allowing a Bitcoin futures ETF and an Ethereum futures ETF to convert into spot ETFs, according to filings made on Wednesday.
BlackRock, the world’s largest asset manager, is planning to launch an ETF that holds Ethereum’s cryptocurrency, Ether.
Ark Invest, led by Cathie Wood, is preparing to introduce a new series of ETFs in collaboration with 21Shares.
ProShares, a leading asset management company, has launched a new ETF called the ProShares Short Ether Strategy ETF (SETH).
The popular iShares Bitcoin Trust, also known as the IBTC, has recently been added to the list maintained by the Depository Trust and Clearing Corporation (DTCC).
According to Martin Bednall, former managing director at BlackRock and current CEO of Jacobi Asset Management, the Securities and Exchange Commission will likely approve all spot bitcoin exchange-traded fund applications at the same time.
The SEC has delayed its decision on spot Bitcoin ETF applications from BlackRock, Invesco, Bitwise, and Valkyrie.

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