4 Feb 2025
📈SEC Publishes Proposed Rule Change for Hashdex NFT ETF
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Update Certain Representations Relating to Service Providers and Basket Size of the Hashdex Nasdaq Crypto Index US ETF
Summary
The SEC has published a notice regarding a proposed rule change from Nasdaq, focusing on service providers and basket size for the Hashdex Nasdaq Crypto Index US ETF. This change aims to streamline compliance with the Trust's registration statement while maintaining listing requirements under Nasdaq Rule 5711(d). Interested parties are invited to comment on the proposed changes.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change affects the Hashdex Nasdaq Crypto Index US ETF, particularly regarding service provider representations and basket size. This could influence compliance requirements and operational strategies for businesses involved in the crypto or ETF sectors, necessitating adjustments to adhere to updated regulatory standards.