US SEC Postpones Approval Of Hashdex Dual Bitcoin And Ethereum ETF

Quick Summary:

The US Securities and Exchange Commission (SEC) has announced the postponement of the approval decision on a dual crypto spot ETF by Brazilian asset manager Hashdex.  This development comes in view of a critical deadline in the approval process of the proposed investment fund.

Following this decision, the SEC is now expected to announce its verdict of approval or disapproval by September 30, as opposed to the previous deadline of August 16.

According to a brief on August 9, the SEC decided to delay its response to the Hashdex Nasdaq Crypto Index ETF.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaBrazil

Topics: ETHEREUM News BITCOIN Postpones Approval Hashdex Latest News US SEC ETF Mixed SECURITIES AND EXCHANGE COMMISSION

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 06:04:08 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © BitcoinWorld

News ID: 22027461

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