Regulators delay decision on the listing of the cryptocurrency index ETF launched by Hashdex

ChainCatcher news, according to Cointelegraph, based on a regulatory document from August 9, U.S. regulators stated that they need more time to decide whether to list the exchange-traded fund (ETF) designed as a one-stop cryptocurrency portfolio on the Nasdaq electronic securities exchange. The document is a response to Nasdaq's request in June to allow the listing of the Hashdex Nasdaq Cryptocurrency Index ETF on its electronic exchange.

If approved, the Hashdex Nasdaq Cryptocurrency Index ETF will become the first diversified spot cryptocurrency ETF in the U.S. market. It will also be the first U.S. ETF to hold alternative cryptocurrencies or "altcoins."