Wu said that the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the next steps for the Hashdex Nasdaq Cryptocurrency Index ETF, setting the next deadline to September 30, 2024 to approve or reject the proposal. Earlier in July, Hashdex submitted an S1 document to the U.S. SEC for its Bitcoin and Ethereum ETFs, thereby establishing what may be the first cryptocurrency index-based ETF in the United States. Once approved, the fund will be listed and traded on Nasdaq.