Hashdex submits new S-1 for Bitcoin ETF attempting cash-only applications
Hashdex has recently filed a new S-1 for their Bitcoin ETF to make DEFI a cash- only create and redeem application pioneer. Initially reported by James Seyffart, a Bloomberg Intelligence analyst, DEFI currently trades and aims to add spot Bitcoin exposure. Don't see anything drastically new in here honestly. Still don't see anything about who they will use as spot Bitcoin custodian which is what i'm most interested in seeing. — James Seyffart (@JSeyff) December 21, 2023 At the same time, Seyffart also notes that details on the spot Bitcoin custodian remain undisclosed. You might also like: Bitcoin ETF roundup: Grayscale meets with SEC, Hashdex releases ad Seyffart expressed skepticism about approvals this year, maintaining that approval might occur between Jan. 8 and 10. What do you reckon James, gun up your bum approval this week or in Jan? — OSF (@osf_rekt) December 21, 2023 Amid numerous updates on the spot Bitcoin ETF front, it’s no...