Hybrid Bitcoin and Ethereum ETF Proposed by Hashdex

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Hashdex wants to launch an ETF that provides combined exposure to Bitcoin and Ethereum

investment exposure to bitcoin and ether through the public securities market, as opposed to direct acquisition, holding, and trading of spot crypto assets on a peer-to-peer or other basis or via a crypto asset platform," the filing says. Shiba Inu and Dogecoin Now Owned by Major VR Gaming Platform

Hashdex also did not rule out that other digital currencies will be added to the mix. However, such changes would need to be approved by the SEC first. As noted by Bloomberg Intelligence analyst James Seyffart, bringing such a product to the US would make"complete sense as a future goal." He that"people who believe digital assets have broader use than just what Bitcoin currently offers," adding that such a product would make"a ton of sense" for advisors that want diversified exposure to the cryptocurrency space.

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