Digital asset management firm Hashdex has filed a spot Bitcoin ETF application with the United States Securities and Exchange Commission, according to reports on Friday, August 25.
Hashdex, who claims to be a global pioneer in crypto management, is looking to hold spot Bitcoin in its Bitcoin futures ETF, rebranding its DEFI ETF on the New York Stock Exchange (NYSE) to now Hashdex Bitcoin ETF.
Hashdex Snubs Coinbase SSA, Introduces Unique ETF Arrangement
Following an influx of spot Bitcoin ETF applications in June, the Wall Street Journal reported that the SEC had judged most of these filings as “inadequate,” stating they lacked clarity, especially in regard to their surveillance-sharing agreements.
In response to this development, several asset managers re-submitted their applications naming the Coinbase exchange as their market surveillance provider to improve the chances of approval by the SEC.
However, entering into the…
