Oddbean new post about | logout
 Proposal for Hashdex's Ethereum ETF has been withdrawn.
Nasdaq posted a notice of withdrawal on Tuesday, a week after the U.S. Securities and Exchange Commission approved 19b-4 forms for eight Ethereum ETFs, excluding Hashdex.
The fund planned to invest in ether, ether futures contracts listed on the CME, cash and cash equivalents.
https://www.tbstat.com/wp/uploads/2024/05/20240523_Ethereum_News_5-1200x675.jpg?isSafari=false&isMobile=false 
 The withdrawal was made on May 24, 2024, just a day after eight similar financial products were approved by the United States Securities and Exchange Commission (SEC). The reasons for the withdrawal and whether Hashdex intends to resubmit the proposal are currently unknown