Hashdex Makes New Play for Bitcoin Spot ETF Using CME Partnership

Hashdex argues its spot bitcoin ETF application is different by using CME for surveillance-sharing rather than Coinbase.

Analysts think this approach addresses SEC's concerns and could give Hashdex an advantage.

Hashdex met with SEC in October to present its "novel proposal" that builds on SEC guidance.

Its strategy shifts existing bitcoin futures ETF to hold spot bitcoin instead.

Hashdex tailored application to address all of SEC's past arguments against bitcoin ETFs.