TLDR Crypto · MARKETS & BUSINESS

SEC DELAYS DECISION ON HASHDEX BITCOIN SPOT ETF APPLICATION, GRAYSCALE ETHER FUTURES FILING

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

The SEC has postponed its decision on Hashdex's application to convert its bitcoin futures ETF into a spot ETF and Grayscale's bid to introduce a new futures-based ether ETF. With no indication of how the regulator will rule, these delays likely mean that decisions on all of the Bitcoin Spot ETF applications will have to wait until after this calendar year is up.