The post SEC Greenlights First Spot Bitcoin-Ethereum ETF appeared first on Coinpedia Fintech News
The SEC has acknowledged receipt of the 19b-4 filing for the Hashdex Nasdaq Crypto Index U.S. ETF, which, if approved by March 2025, will include both Bitcoin and Ethereum in its portfolio. Hashdex, known for its previous attempt at a spot Ethereum ETF, withdrew its proposal amid a competitive landscape. The fund is now shifting to a combined Bitcoin-Ethereum approach, allocating 70.54% to BTC and 29.46% to ETH. Hashdex plans to partner with Coinbase Custody Trust Company and Bitcoin Trust to ensure secure custody of these assets.