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<p><strong>Key Points:</strong></p>   
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 <li><em>The Securities and Exchange Commission has delayed its decision regarding Hashdex Nasdaq Crypto Index ETF approval.</em></li>   
 <li><em>The ETF will be the first diversified spot crypto ETF in the United States if the approvals come through.</em></li> 
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<h5 class="wp-block-heading">The US Securities and Exchange Commission has delayed a decision on the Hashdex Nasdaq Crypto Index ETF, which would give investors exposure to both Bitcoin and Ethereum in one exchange-traded fund.</h5>   
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 <img src="https://coincu.com/wp-content/uploads/2024/08/On-Black-34-1024x576.jpg" alt="Hashdex Nasdaq Crypto Index ETF Still Not Approved Until September 30" class="wp-image-271690">
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<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/271544-bitcoin-etf-options-may-be-launched-in-q4/" target="_blank" rel="noreferrer noopener">Bloomberg Analyst: Bitcoin ETF Options May Be Launched in Q4</a></p>   
<h2 class="wp-block-heading" id="sec-puts-off-hashdex-nasdaq-crypto-index-etf-decision">SEC Puts Off Hashdex Nasdaq Crypto Index ETF Decision</h2>   
<p>The delay, as <a href="https://www.sec.gov/files/rules/sro/nasdaq/2024/34-100681.pdf" target="_blank" rel="noreferrer noopener">announced</a> on August 9, shifted the initial review period past the usual 45 days. It came after Nasdaq's request, which <a href="https://coincu.com/264324-hashdex-dual-bitcoin-and-ethereum-etf/" target="_blank" rel="noreferrer noopener">aimed</a> to gain approval for the ETF listing on June 17. In the case it would create, the Hashdex Nasdaq Crypto Index ETF would be truly amazing, as it would represent the <a href="https://coincu.com/265885-hashdex-nasdaq-crypto-etf-with-bitcoin-ethereum/" target="_blank" rel="noreferrer noopener">first diversified spot crypto ETF</a> in the United States, thus probably including alternative cryptocurrencies.</p>   
<p>The SEC has pushed back the deadline for determining the proposal's fate—to approve, disapprove, or further deliberate on the matter—to September 30. This is happening at a time when cryptocurrency investment products are gaining interest, right after the agency gave nods to Bitcoin and Ethereum ETFs.</p>   
<h2 class="wp-block-heading" id="nasdaq-files-for-options-trading-on-ethereum-etfs">Nasdaq Files for Options Trading on Ethereum ETFs</h2>   
<p>The ETF can't trade until the SEC approves its registration application—called an S-1—and allows Nasdaq to list it. Previously, <a href="https://coincu.com/260296-nasdaq-forced-update-spot-ethereum-etf-fillings/" target="_blank" rel="noreferrer noopener">Nasdaq</a> filed a change requesting listing options on Ethereum ETFs that would target <a href="https://coincu.com/271212-blackrock-spot-ethereum-etf-options-trading/" target="_blank" rel="noreferrer noopener">BlackRock's iShares Ethereum Trust</a>, ETHA, which already trades on the exchange. So far, the SEC has not greenlit any options trading on spot Bitcoin or Ethereum ETFs.</p>   
<p>Back in July, the SEC told options exchanges—including Nasdaq ISE—more time was needed to consider applications for listing options on spot Bitcoin ETFs.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Hashdex Nasdaq Crypto Index ETF Still Not Approved Until September 30

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