Crypto ETFs on Deck: SEC Extends Review for Nasdaq Crypto Fund
Published Date: 4/23/2025
Notice
Summary
The Nasdaq wants to start listing and trading new investment products based on commodities and digital assets, including shares of the Hashdex Nasdaq Crypto Index US ETF. The SEC is taking extra time to review this proposal, pushing the decision deadline beyond April 21, 2025. This affects investors interested in crypto and commodity funds and could open new ways to invest once approved.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Nasdaq proposal to list crypto & commodity ETFs
Nasdaq filed a proposed rule change (SR-NASDAQ-2025-016) on February 18, 2025, and amended it on February 27, 2025, to adopt Nasdaq Rule 5712 to allow listing and trading of commodity- and digital asset-based investment interests and to list shares of the Hashdex Nasdaq Crypto Index US ETF. The proposal was published for comment on March 7, 2025, and the SEC extended its review deadline to June 5, 2025 (the original 45-day date was April 21, 2025).
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