According to the documents released by Nate Geraci, president of The ETF Store, on the X platform, the US SEC has confirmed that it has received the 19b-4 application for the Hashdex Nasdaq Crypto Index US ETF. The product will hold both spot BTC and ETH.
Earlier, Bloomberg ETF analyst James Seyffart said that Hashdex's application for a dual ETF of BTC and ETH was "very meaningful". If the US SEC decides to approve it, the terms contained in the application will also allow Hashdex to add other cryptocurrencies to the fund in the future, which will turn the fund into a crypto index. Hashdex already has a DeFi index fund, a Web3 index fund, and a metaverse index fund, each of which contains at least a dozen cryptocurrencies. According to the relevant process, the SEC must respond to the dual fund application by March 2025.
Hafiz