Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) for a mixed ether ETF called Hashdex. The focus on whether a proposed crypto ETF would hold futures contracts or spot funds has been a key consideration in recent applications, with the SEC approving the former but not the latter. Hashdex plans to invest in ether, ether futures contracts listed on the CME, cash, and cash equivalents to reduce its dependence on the spot market. The fund aims to reflect daily changes in the price of the Nasdaq Ether Reference Price. However, it is unclear when a spot Bitcoin ETF will be approved.
AI Sentiment: Neutral