Is the market going to go crazy soon? !
Bitcoin has fallen below $65,000, and the rebound momentum is not good at all. The hawkish remarks of the Federal Reserve officials have also caused the purchasing power of the US dollar to soar, bringing great pressure to the cryptocurrency market. But there is a glimmer of hope!
Have you heard that Hashdex has submitted an application to merge the Bitcoin and Ethereum spot ETFs!
And the issuer of the Ethereum spot ETF also submitted the S-1 listing feedback document to the SEC before the weekend!
Is the Bitcoin and Ethereum combined spot ETF going to make a shining debut?
In the document on Tuesday, Hashdex applied to the SEC to list a spot ETF that combines Bitcoin and Ethereum on the Nasdaq exchange!
This ETF will allocate assets according to the market value ratio of the two, with Bitcoin accounting for 70.54% and Ethereum accounting for 29.46%!
They will also adopt a passive management strategy, focusing on tracking the daily changes of the Nasdaq Cryptocurrency US Settlement Price Index, and not pursuing better performance than this index!
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