Fund Management Firm Hashdex Applies For Merged Ethereum and Bitcoin ETF
Hashdex, which is a fund management company in Brazil, has recently sent a filing to the Securities and Exchange Commission (SEC) for an ETF has combines both the Bitcoin and the Ethereum traded fund.
If this EFT gets an approval from the SEC, it will be added on the Nasdaq. This is ensure that it becomes available to a large number of investors who interested, both private and public investors.
Based on the filing, investors will be getting about 29.4% access to Ethereum, and about 70.54% access to Bitcoin; from the products that they're offering. March 2025, is the time limit for this ETF approval from SEC.
Laurent Kssis, who is an individualistic part of the Issuance Swiss AG, has mentioned that the competition for novel inventions moves on with the SEC being in the decision of approving tokens that are new.
Fund management is really key and I strongly believe that everyone of us should actually learn this before it goes out of hand. We should make sure that we take the needed step