Asset manager Hashdex has reportedly met with the US Securities and Exchange Commission (SEC) to address concerns about its application for the Hashdex Bitcoin Futures exchange-traded fund (ETF) to hold spot Bitcoin. The meeting took place on 13 October and was attended by six SEC officials and representatives of Hashdex, NYSE Arca, Tidal Financial Group, and law firm K&L Gates. Hashdex presented its mechanism for allowing spot Bitcoin to be traded and held in the ETF on the Chicago Mercantile Exchange, which the Commodity Futures Trading Commission regulates. The SEC may ask for more information before the application's first deadline on 17 November.
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Hashdex Meets with SEC to Address Concerns Over Bitcoin Futures ETF's Spot Bitcoin Holdings
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