SEC Postpones Decision on Hashdex Spot Bitcoin ETF and Grayscale Ether ETF The
U.S. Securities and
Exchange Commission has postponed its decision on the approval of
Hashdex Bitcoin ETF and
Grayscale Ethereum Futures Trust ETF. The SEC published a document that addresses to the deferral of Hashdex’s filing.
Hashdex previously filed to convert its current Bitcoin Futures
ETF (DEFI), listed on the
New York Stock Exchange (NYSE) and sponsored by Teucrium Trading, to a spot
Bitcoin ETF. If approved,
Hashdex Bitcoin ETF will be the first U.S. exchange-traded fund that invests
directly in Bitcoin. According to Bloomberg Intelligence, the SEC had until Nov.17 to make a decision on
Hashdex Bitcoin ETF.
The SEC now announces the new decision deadline to be Jan. 1, 2024, and expects to provide more updates then.
The approval decision of Grayscale’s Ethereum Futures Trust (ETH) ETF has also been delayed to Jan.1, 2024.
