JUST IN: SEC Delays Hashdex’s Spot Ethereum Application

According to breaking information, it has been learned that the SEC has postponed Hashdex’s application for a spot-futures hybrid Ethereum ETF, which is thought to be preferred by the SEC.

This ETF was designed to include a combination of spot ETH assets and futures contracts in its portfolio, pioneering a new approach to cryptocurrency investing within the regulatory framework.

The application for the ETF was made by Hashdex on September 13. The application text included the following statements:

“Instead of holding 100% spot ETH, which could make it more susceptible to price manipulation in the spot market, the fund will hold a mix of Spot ETH, ETH Futures Contracts, and cash.”

*This is not investment advice.

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