๐ US Regulators Delay Decision on First Diversified Spot Crypto ETF
๐ฌ The SEC has postponed its decision on Nasdaq's request to list the Hashdex Nasdaq Crypto Index ETF, which would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.
๐This ETF aims to track the Nasdaq Crypto US Index (NCIUS), comprising various cryptocurrencies weighted by market cap. About 95% of the index consists of Bitcoin and Ethereum, with the remainder including altcoins like Chainlink and Uniswap.$BTC $ETH
Separately, Nasdaq has also requested permission to list options on Ethereum ETFs, specifically for BlackRock's iShares Ethereum Trust (ETHA).
While the crypto ETF landscape continues to evolve, with Bitcoin and Ethereum ETFs already commanding $65 billion in assets, the introduction of a diversified crypto ETF could mark a significant milestone for mainstream crypto adoption.
