Key Points:
The development is a massive step forward in the process of unleashing a new investment vehicle that’s designed especially for cryptocurrency enthusiasts.
The ETF would invest in spot Bitcoin and Ethereum, offering investors exposure to the two largest cryptocurrencies by market capitalization. It aims to cash in on investors’ interest in digital assets while, of course, adhering to the strict standards set by the SEC.
Readmore: VanEck Spot Solana ETF Proposed, New Boost for Crypto Industry
Geraci mentioned that the final deadline for SEC approval is expected around the first week of March 2025. That puts a timeline for when investors and stakeholders might finally see a decision regarding whether an ETF will be allowed to launch.
The Hashdex Nasdaq Crypto ETF bridges traditional finance and the developing cryptocurrency space. It is notably a fund that provides diversified investment exposure to Bitcoin and Ethereum in a ‘regulated’ investment framework.
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