The U.S. SEC is seeking public comments on the proposed rule changes for Hasdex Bitcoin Futures ETF

The U.S. Securities and Exchange Commission (SEC) has issued a document numbered 34-99164, involving the proposed rule change by NYSE Arca Inc. regarding the Hashdex Bitcoin Futures ETF (Exchange Traded Fund). This change aims to adjust certain descriptions of Hashdex Bitcoin Futures Fund stocks listed and traded on NYSE Arca, to comply with the restructuring involving Hashdex Bitcoin Futures ETF and Tidal Commodity Trust. The restructuring includes transferring assets and liabilities of the Hashdex Bitcoin Future Fund to the acquired ETF, thus forming a new investment structure and management. The SEC issued this notice in order to solicit public comments on the proposed rule changes.

Bloomberg analyst James Seyffart commented that he believes this is an approval order for moving Hashdex from Teucrium to Tidal Trust.