United

Bitcoin ETF

Bitcoin

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Hashdex, a prominent player in the digital assets space, has <a href="https://twitter.com/JSeyff/status/1737087873801703734" rel="noopener noreferrer nofollow">engaged</a> with the U.S. Securities and Exchange Commission (SEC) regarding their Bitcoin ETF application.&nbsp;
The meeting, which took place on Dec. 14, included members from both the SEC’s Division of Corporate Finance and Division of Trading and Markets.
During the meeting, <a href="https://u.today/hashdex-joins-spot-bitcoin-etf-race-in-us" rel="noopener noreferrer nofollow">Hashdex</a> presented its case for a Bitcoin ETF.
The discussion also involved NYSE Arca’s proposed rule change to list and trade shares of the Hashdex Bitcoin ETF, as detailed in a memorandum from the SEC.
This move comes as the crypto industry eagerly awaits the SEC's approval for the first Bitcoin ETF in the United States.
<h2 id="etf-race">ETF race</h2>
The ongoing engagement between Hashdex and the SEC is definitely not an isolated event.&nbsp;
BlackRock, the world’s largest asset manager, has recently <a href="https://u.today/blackrock-inches-closer-to-bitcoin-etf" rel="noopener noreferrer nofollow">updated</a> its S-1 filing with new information about the mechanisms of its proposed Bitcoin ETF, identified by the ticker IBIT.&nbsp;
ARK Invest and 21Shares have also updated their filings for a spot Bitcoin ETF, together with Wisdomtree.
<h2 id="not-certainty">Not certainty</h2>
The crypto community is hopeful for regulatory approval of a Bitcoin ETF, but some observers remain cautious.
The <a href="https://u.today/sec-denial-of-bitcoin-etf-might-result-in-one-of-biggest-crypto-rugpulls-analyst-predicts" rel="noopener noreferrer nofollow">SEC</a> has historically been hesitant to approve such products, and a rejection could be a major bearish catalyst.

Bitcoin ETF Hopes Grow as Hashdex Meets SEC

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