{"id":34944,"date":"2023-12-27T09:36:38","date_gmt":"2023-12-27T09:36:38","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/12\/27\/hashdex-met-sec-chair-gary-genslers-office-as-spot-bitcoin-etf-deadline-looms\/"},"modified":"2023-12-27T09:36:38","modified_gmt":"2023-12-27T09:36:38","slug":"hashdex-met-sec-chair-gary-genslers-office-as-spot-bitcoin-etf-deadline-looms","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/12\/27\/hashdex-met-sec-chair-gary-genslers-office-as-spot-bitcoin-etf-deadline-looms\/","title":{"rendered":"Hashdex Met SEC Chair Gary Gensler’s Office As Spot Bitcoin ETF Deadline Looms"},"content":{"rendered":"

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Crypto asset administration agency Hashdex met with the U.S. Securities and Exchange Commission (SEC) relating to the required adjustments to the Hashdex spot Bitcoin ETF utility, in keeping with the most recent memorandum. The transfer comes because the SEC is obliged to think about approving the United States\u2019 first spot Bitcoin ETF<\/a> monitoring BTC value.<\/p>\n

Hashdex Met With the SEC Before Deadline<\/h2>\n

After a constructive assembly between the U.S. SEC and spot Bitcoin ETF issuers final week to make the required adjustments, Hashdex met once more with the SEC on Tuesday, December 26.<\/p>\n

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However, it appears the assembly was completely different from current conferences as Hashdex met with SEC Chair Gary Gensler\u2019s workplace, elevating hypothesis inside the markets. Bitcoin ETF issuers have had conferences and calls with the SEC\u2019s buying and selling and markets division and company finance division.<\/p>\n

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Bloomberg analyst James Seyffart<\/strong> additionally famous Hashdex executives assembly Samantha Ostrom<\/strong> from the SEC Office of Chair. Ostrom met with Hashdex chief funding officer Samir Kerbage<\/strong>, Tidal Financial Group\u2019s Michael Venuto<\/strong>, Ok&L Gates\u2019 Richard Kerr<\/strong> and Peter Shea<\/strong>, and Neel Maitra<\/strong> from legislation agency Wilson Sonsini Goodrich & Rosati.<\/p>\n

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The dialogue was relating to NYSE Arca\u2019s proposed rule change to listing and commerce shares of Hashdex Bitcoin ETF underneath the Rule 8.500-E.<\/p>\n

Also Read: Grayscale Makes Amended Bitcoin ETF Filing After Silbert\u2019s Exit<\/a><\/strong><\/p>\n

Spot Bitcoin ETF Gains Ground<\/h2>\n

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Stock and crypto markets await approval of a spot Bitcoin ETF by the US SEC amid constructive talks. Spot Bitcoin ETF points are making remaining adjustments to the prospectus relating to \u2018cash creates\u2019, with the SEC more likely to approve solely cash-only redemptions.<\/p>\n

Meanwhile, Grayscale has made one other amended S-3 filing<\/a> with the securities regulator to transform GBTC to identify Bitcoin ETF. It follows Grayscale Investments chairman Barry Silbert stepping down from the place.<\/p>\n

BlackRock<\/a>, Pando Asset, and Hashdex not too long ago submitted up to date S-1 filings with the SEC. Hashdex has named BitGo as Bitcoin ETF custodian.<\/p>\n

Also Read:<\/strong><\/p>\n

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