Proposal for Hashdex’s Ethereum ETF has been withdrawn | Headlines | News | CoinMarketCap

05/29/2024 23:48
Proposal for Hashdex’s Ethereum ETF has been withdrawn | Headlines | News | CoinMarketCap

A proposal to list and trade shares of the Hashdex Nasdaq Ethereum exchange-traded fund has been withdrawn, according to a filing posted this week. …

A proposal to list and trade shares of the Hashdex Nasdaq Ethereum exchange-traded fund has been withdrawn, according to a filing posted this week.

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.

"On May 24, 2024, the Exchange withdrew the proposed rule change," according to the filing.

The Nasdaq stock exchange in September filed with the SEC to list the Hashdex Nasdaq Ethereum ETF. The fund is managed and controlled by Toroso Investments, which is registered as a commodity pool operator with the Commodity Futures Trading Commission and a member of the National Futures Association. The fund planned to invest in ether, ether futures contracts listed on the …

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