“We work with regulators, we don’t sue them,” said Hashdex’s CEO, referencing the firm’s competitor, Grayscale, which faced off in court against the SEC last week.
"A spot Bitcoin ETF is inevitable, we just don't know when, in what context," the firm's CEO and co-founder Marcelo Sampaio said in an interview at the exchange. "We're losing money on having this ETF, a lot of money. But we're doing it because we know it's the future," said Michael Venuto, CIO and co-founder of Tidal Financial Group, which works as an infrastructure partner for Rio de Janeiro-based Hashdex.