SEC meets with Hashdex to discuss its Bitcoin ETF proposal

SEC meets with Hashdex to discuss its Bitcoin ETF proposal

The U.S. Securities and Exchange Commission (SEC) met with Bitcoin ETF applicant Hashdex this week, according to a Nov. 29 memo from the agency.
The discussion, which took place on Monday, Nov. 27., concerned a proposed rule change to allow NYSE Arca to list and trade shares of Hashdex’s Bitcoin ETF.
According to the SEC memo, two individuals from the SEC’s Office of the Chair met with three Hashdex members and one NYSE Arca member. A member of the legal firm Wilson Sonsini Goodrich & Rosati also attended.
An earlier filing indicates that some of the same individuals met to discuss the ETF with the SEC’s Division of Trading and Markets on Oct. 13.
Hashdex plans to add spot BTC to futures ETF
Hashdex proposed to structure its fund by sourcing spot Bitcoin positions completely within CME’s regulated futures exchange. This would isolate the ETF from external spot markets, and address regulatory concerns about potential manipulation on unregulated spot exchanges by avoiding the

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