Hashdex Files Joint Spot Bitcoin and Ethereum ETF with the SEC

Cryptocurrency asset management firm Hashdex has filed a joint Spot Bitcoin and Ethereum ETF application with the US Securities and Exchange Commission, signaling a major step in bringing diversified crypto exposure to US investors. This filing follows Hashdex's previous ventures in the ETF space.

Hashdex has filed for an ETF that would hold bitcoin and ether and could add other crypto assets. This proposed ETF aims to provide investors with a simplified and regulated way to access the two largest cryptocurrencies by market capitalization. The potential inclusion of other crypto assets in the future offers even greater diversification possibilities.

Brazilian crypto asset manager aims to issue first U.S. fund based on a Brazil-based investment manager. Hashdex, leveraging its experience in the Brazilian market, seeks to bring its innovative approach to U.S. investors. Its indexed crypto ETF traded in Brazil contains a similar strategy, providing valuable insight into its investment methodology.

This isn't Hashdex's first foray into the ETF landscape. Hashdex filed with the SEC to create an ETH ETF but later withdrew its application. This previous attempt underscores Hashdex's commitment to bringing cryptocurrency ETFs to the U.S. market and their willingness to adapt to regulatory requirements.

Brazilian crypto asset manager Hashdex aims to offer an ETF that would hold bitcoin and Ethereum, potentially becoming the first U.S. fund based on a crypto index. If approved, this ETF would represent a significant milestone, offering a regulated and transparent vehicle for investors to participate in the growth of the crypto market. The outcome of the SEC review will be closely watched by the entire crypto community.