SEC Delays Decision on Hashdex Crypto ETF Approval

The United States Securities and Exchange Commission (SEC) has announced a delay in its decision-making process regarding the approval of the Hashdex Nasdaq Crypto Index US ETF, an exchange-traded fund (ETF) designed to hold both Bitcoin and Ethereum. According to a recent filing, the Commission will extend its initial 45-day review period. A new deadline of September 30 has been established to either approve, disapprove, or further evaluate the proposed rule change.