SEC seeks public input on Franklin Templeton, Hashdex Bitcoin ETFs
Hashdexs proposed fund structure is more intricate than Franklin Templetons. Its proposed Hashdex Bitcoin ETF would be structured as a futures ETF that holds area BTC. The sponsor manages the fund.magazine and handles: Bitcoin ETF optimist and Worldcoin skeptic Gracy Chen: Hall of Flame
The SECs demands have an open period of 35 days from their publication in the Federal Register for both actions and comments to comments.The SEC release on the Franklin Templeton Bitcoin ETF. Related: Binance, CZ settlement with US DOJ bullish for Bitcoin ETF, crypto community saysThe concerns address concerns related to possible ETF approval. Commenters are invited to examine the funds susceptibility to adjustment and whether or not the exchanges that will host them are of substantial size.Franklin Templeton commenters are additional asked to consider cost adjustment on the BTC market, the businesss surveillance sharing arrangement with Coinbase, which would assist in rate discovery and supplement efforts to identify adjustment and fraud, and correlation between BTC area and futures prices.SEC extends remark window for Franklin Templeton and Hashdex #Bitcoin ETFs pic.twitter.com/aEYTa5Yg1nā Daniela (@DeFinanzasYT) November 28, 2023