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Hashdex Revamps Bitcoin ETF Filing, but Key Detail Remains Unclear

Published 12/12/2023, 11:30 PM
Updated 12/12/2023, 11:45 PM
© Reuters Hashdex Revamps Bitcoin ETF Filing, but Key Detail Remains Unclear
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  • Hashdex’s Bitcoin spot ETF application sees a crucial update with the resumption of the S-1 amendment.
  • The update ensured accuracy in Hashdex’s transition with Tidal Financial Group.
  • However, critical details about its Bitcoin spot custodian remain undisclosed.

In a recent tweet, James Seyffart, a prominent Bloomberg ETF analyst, provided a crucial update on Hashdex’s pending Bitcoin Spot ETF application status. Seyffart stated that the form S-1 amendment in Hashdex’s spot Bitcoin ETF filings has resumed this week with Hashdex’s new filing.

Drawing parallels to a previous filing, Seyffart hinted that the current S-1 amendment might not be the one awaited by enthusiasts or industry observers. Specifically, the Bloomberg analyst pointed out that Hashdex’s submission concerned the Futures aspect of its application rather than the Spot.

Meanwhile, confusion ensued about the mention of “Futures ETF” in the filing. Seyffart clarified that Hashdex’s application revolves around permitt…

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