Another Company Files for Combined Spot Bitcoin and Ethereum ETF
25.07.2024 9:30 1min. read Alexander Stefanov
Asset management firm Hashdex has filed the S-1 for its combined spot Bitcoin and Ethereum ETF products, marking a significant step forward in its efforts.
This comes just weeks after initially submitting the official filing for the fund.
The combined spot Bitcoin and Ethereum ETF will hold both assets on an adjusted basis to maintain a balanced portfolio, according to the filing.
This move coincides with the recent launch of spot Ethereum ETFs, which started trading on Tuesday.
This year has been favorable for crypto ETFs, with Hashdex emerging as a significant beneficiary.
The firm received approval to list a spot Bitcoin ETF in January, an experience it aims to leverage for this new product. After submitting the filing in June, the US SEC acknowledged Hashdex’s combined ETF earlier this month.
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