According to breaking information, the SEC has approved the listing and trading of the Hashdex Bitcoin futures fund. However, the SEC did not use the concept of ETF in its statement, causing confusion.
“I believe this is a consent order to move Hashdex from Teucrium to Tidal's trust,” Bloomberg cryptocurrency expert James Seyyfart said in a statement.
Update
As we mentioned from the beginning, the truth turned out to be different.
The Block, the first source of the news, announced that the development was not related to the Hashdex Bitcoin Futures ETF approval and that the initial information was incorrect:
“Notice: The SEC has issued notice of immediate effect and filing of a proposed rule change to amend certain representations regarding the Hashdex Bitcoin Futures fund.”
Another ETF expert, Scott Johnsson, stated in his statement that the development in question has nothing to do with a change in the hybrid ETF strategy, which is really important for Bitcoin.
*This is not investment advice.
