LatAm Firm Hashdex Joins Bitcoin Spot ETF Scrum With Distinct Plan
Hashdex, the largest crypto asset management firm in Latin America, has filed an application with the SEC to operate a Bitcoin exchange-traded fund (ETF). Unlike other applicants, Hashdex proposes to acquire spot Bitcoin from the regulated CME market instead of unregulated spot exchanges, providing greater assurances to financial regulators. The firm's strategy is seen as unique and could be hard for the SEC to reject, according to industry experts
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LatAm Firm Hashdex Joins Bitcoin Spot ETF Scrum With Distinct Plan
Hashdex, the largest crypto asset management firm in Latin America, has filed an application with the SEC to operate a Bitcoin exchange-traded fund (ETF). Unlike other applicants, Hashdex proposes to acquire spot Bitcoin from the regulated CME market instead of unregulated spot exchanges, providing greater assurances to financial regulators. The firm's strategy is seen as unique and could be hard for the SEC to reject, according to industry experts