Bloomberg analyst: The U.S. SEC has issued a delay order on Hashdex's Bitcoin spot ETF application
ChainCatcher news, Bloomberg analyst James Seyffart posted on X platform that the U.S. SEC met with Hashdex regarding the Bitcoin spot ETF on November 27, and then the SEC issued a delay order on their application the next day, indicating that the U.S. Securities and Exchange Commission is working to collaborate with potential Bitcoin ETF issuers on backend details and channels. Hashdex's application is novel, focusing on physical trading through CME futures to incorporate spot Bitcoin into the ETF structure.
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