Regulators Postpone Decision on Hashdex's U.S. 'Walled Coin' ETF Listing

According to an Aug. 9 regulatory filing, U.S. regulators said they need more time to decide whether exchange-traded funds (ETFs) designed as one-stop cryptocurrency portfolios can be listed on Nasdaq's electronic stock exchange. The filing was in response to Nasdaq's June request for permission to list the Hashdex Nasdaq Cryptocurrency Index ETF on its electronic exchange. If approved, the Hashdex Nasdaq Cryptocurrency Index ETF would be the first diversified spot cryptocurrency ETF in the U.S. market, and it would be the first U.S. ETF to hold alternative cryptocurrencies, or “torrents,” of cryptocurrencies.