EddieJayonCrypto

 12 Aug 24

tl;dr

The US Securities and Exchange Commission (SEC) has postponed the approval decision on a dual crypto spot ETF by Brazilian asset manager Hashdex, citing the need for additional time to review the proposed investment fund. The SEC is now expected to announce its verdict by September 30, as opposed to...

The US Securities and Exchange Commission (SEC) has postponed the approval decision on a dual crypto spot ETF by Brazilian asset manager Hashdex, citing the need for additional time to review the proposed investment fund. The SEC is now expected to announce its verdict by September 30, as opposed to the previous deadline of August 16.

Additionally, the Chicago Board Options Exchange (CBOE) has resubmitted its application for Bitcoin ETF options with the SEC, with potential implications for the approval deadline.

The US Securities and Exchange Commission (SEC) has announced the postponement of the approval decision on a dual crypto spot ETF by Brazilian asset manager Hashdex. This development comes in view of a critical deadline in the approval process of the proposed investment fund.

On June 17, the Nasdaq Stock Exchange Market filed an application with the SEC, seeking a rule change that allowed for the listing of a combined Bitcoin and Ethereum ETF known as the Hashdex Nasdaq Crypto Index US ETF. However, the Hashdex mixed crypto spot ETF is also subject to the addition of other assets that meet specific criteria and qualification status.

Following this decision, the SEC is now expected to announce its verdict of approval or disapproval by September 30, as opposed to the previous deadline of August 16.

In other news, the Chicago Board Options Exchange (CBOE) has resubmitted its application for Bitcoin ETF options with the SEC. A Bitcoin ETF option refers to financial derivatives that give investors the right, but not the obligation, to buy or sell shares of a Bitcoin ETF at a predetermined price before a specific expiration date.

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More about Cboe Global Markets Inc

Cboe Global Markets Inc Summary

Cboe Global Markets is an American company that owns the Chicago Board Options Exchange and the stock exchange operator BATS Global Markets.

Industry: FINANCE, SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES

Stock Code: 21012601000

Current Price: $27.78

Day's Range: $2.20 - $7.23

52-Week Range: $36.07

Market Cap: $0.202B

Volume: 3,808,700,000

EPS: $199.08

P/E Ratio: -0.153

Dividend Yield: 0.073

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 22 Nov 24
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