Asset manager Hashdex recently had a meeting with the U.S. Securities and Exchange Commission (SEC) to address concerns about its application for a spot Bitcoin exchange-traded fund (ETF). The meeting involved sharing a presentation that highlights the development of the Bitcoin futures market to support financial products seeking exposure to BTC. The SEC may ask for more information before the application’s deadline on November 17. Hashdex, with over $380 million in assets under management, already has a Bitcoin Futures ETF approved and listed on NYSE Arca. The source believes that the SEC will approve all spot ETFs within three months.
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