Bitcoin ETF

Bitcoin

James

<p class="is-style-lead">The U.S. Securities and Exchange Commission (SEC) has delayed a decision on Hashdex’s application to launch a&nbsp;spot Bitcoin ETF&nbsp;in the U.S.</p> 
<p>The regulator’s website says that the SEC also postponed its decision on Grayscale’s application to launch a futures ETF on Ethereum (<a href="https://crypto.news/price/ethereum/">ETH</a>).</p> 
<p>Through the application, <a href="https://crypto.news/hashdex-engages-in-dialog-with-sec-over-bitcoin-defi-etf-filing/" data-type="link" data-id="https://crypto.news/hashdex-engages-in-dialog-with-sec-over-bitcoin-defi-etf-filing/">Hashdex</a> wants to transform its futures exchange-traded fund into a spot <a href="https://crypto.news/tag/bitcoin-etf/" data-type="link" data-id="https://crypto.news/tag/bitcoin-etf/">Bitcoin ETF</a>. There is still no such tool in the US. Investors believe that its launch will attract institutional investors to the market. Therefore, applications for the tool have attracted the attention of the crypto community.</p> 
<p>Next up is Franklin Templeton’s application to launch a spot Bitcoin ETF. The deadline for making a decision on it expires on Nov. 17.</p> 
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   <p lang="en" dir="ltr">Okay, we're nearing in on deadline dates for 3 spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> ETF applications. I want to get ahead of it because there's a pretty good chance we'll see delay orders from the SEC. Delays WOULD NOT change anything about our views &amp; 90% odds for 19b-4 approval by Jan 10, 2024 <a href="https://t.co/LE7sOlHAHM" target="_blank">pic.twitter.com/LE7sOlHAHM</a></p>— James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1724469793422508533?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 14, 2023</a>
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<p>Earlier, the Nasdaq exchange placed an application for <a href="https://crypto.news/blackrock-prepares-to-file-spot-ether-etf/">an Ethereum ETF proposed by BlackRock</a>. BlackRock has submitted a 19b-4 filing for its own Ethereum ETF on Nasdaq, where the company intends to list.</p> 
<p>The document also states that once the ETH fund is approved, <a href="https://crypto.news/tag/coinbase/" data-type="link" data-id="https://crypto.news/tag/coinbase/">Coinbase</a> Custody Trust Company will become the primary custodian of all Ethereum coins.</p> 
<p> You might also like: <a href="https://crypto.news/blackrock-reaches-police-after-fake-xrp-etf-application/"> BlackRock reaches police after fake XRP ETF application </a> </p>

SEC postpones Hashdex’s spot Bitcoin ETF application

crypto.news

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