Published on September 12, 2023 21:23 GMT+00:00edited on September 12, 2023 21:24 GMT+00:00

The Nasdaq stock exchange filed with the Securities and Exchange Commission to list an Ethereum ETF from Brazilian asset manager Hashdex that wants to hold both spot ether and futures contracts. 

Called 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 member of the the National
Futures Association.

A focus on whether a proposed crypto ETF plans to hold futures contracts or spot funds has taken center stage in the latest wave of applications, with the SEC having approved the former, but not the later. Fund managers now seem to be pressing their luck with a middle-of-the-road option. 

The Hashdex fund's investment objective is to have its …