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Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF

Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF

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Source: Coin Telegraph

If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.

United States regulators said they would need more time to decide if an exchange-traded fund (ETF) designed as a one-stop-shop crypto portfolio can list on Nasdaq’s electronic securities exchange, according to an Aug. 9 regulatory filing.

The filing was a response to Nasdaq’s June request for permission to list the Hashdex Nasdaq Crypto Index ETF on its electronic exchange.

Related: Nasdaq asks to list options on spot Ethereum ETFs — Filing

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Author: Alex O’Donnell