Hashdex’s Bitcoin ETF Filing: Insights from Bloomberg’s ETF Analyst

Hashdex’s Bitcoin ETF Filing: Insights from Bloomberg’s ETF Analyst

The post Hashdex’s Bitcoin ETF Filing: Insights from Bloomberg’s ETF Analyst appeared first on Coinpedia Fintech News
The digital asset management firm, Hashdex, has just filed a 19b-4 with the NYSE, radically repositioning its DeFi ETF into a full-fledged Bitcoin ETF. This move is done without leaning on Coinbase’s Supervisory Sharing Agreement (SSA). 
Let’s begin by appreciating the dramatic rebranding: the DeFi ETF is no more, and in its place stands the Hashdex Bitcoin ETF. Hashdex is changing its core strategy to hold spot bitcoin directly. 

UPDATE: We have another entrant into the spot #bitcoin ETF race. @hashdex has filed to be able to hold spot bitcoin in their bitcoin futures ETF — $DEFI pic.twitter.com/zH0noPFw4l
— James Seyffart (@JSeyff) August 25, 2023

But Hashdex isn’t looking to tie up with just anyone; they’ve chosen a very particular partner in the CME Market. Rather than relying on Coinbase’s SSA, which has been the foundation for many prospectiv

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