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Another Company Files for Combined Spot Bitcoin and Ethereum ETF

25.07.2024 9:30 1 min. read Alexander Stefanov
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Another Company Files for Combined Spot Bitcoin and Ethereum ETF

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.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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