Regulatory Delays U.S. Approval of First Multi-Asset Physical Crypto ETF
Publication Time:2024-08-10 00:46:06
According to the latest regulatory filings, U.S. regulatory authorities have explicitly stated that they require additional time to consider and evaluate the approval of Hashdex's NASDAQ Crypto Currency Index ETF listing on the NASDAQ Electronic Securities Exchange. This ETF aims to provide a one-stop investment portfolio in cryptocurrencies, viewed as the first such product in the U.S. market with its innovation in holding alternative cryptocurrencies or so-called 'altcoins'. If approved successfully, this move will open a new chapter in the U.S. cryptocurrency market, signaling the mainstream financial sector's further recognition and acceptance of the potential of investing in crypto assets.
Crypto ETF
Multi-asset investment
U.S. regulatory decision
Hashdex NASDAQ Index