Share this article
Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings
A bitcoin ETF may be approved or rejected in the first few days of the new year.
By Nikhilesh De
Updated Mar 8, 2024, 7:07 p.m. Published Dec 22, 2023, 10:50 p.m.
Would-be bitcoin exchange-traded fund (ETF) issuer Hashdex changed its paperwork Friday, naming BitGo as its bitcoin custodian and changing the name of its Bitcoin Futures ETF to the Hashdex Bitcoin ETF as it – and other companies – continue to hope for an approval for the U.S.'s first spot bitcoin ETF early in the new year.
Hashdex has come to an agreement with crypto custodian BitGo to according to an amended S-1 filing, a rare outlier among the over a dozen applicants. The vast majority have signed agreements with crypto exchange Coinbase, while Fidelity intends to self-custody and VanEck tapped Gemini, another exchange.
STORY CONTINUES BELOW
The update comes a day after the SEC met with representatives from a number of other applicants.
Representatives from BlackRock, Valkyrie, Fidelity, Grayscale and Ark all spoke to officials with the SEC on Thursday, according to filings. The regulators set a Dec. 29 deadline for final amendments to the applications, Reuters reported.
Hopes that a spot bitcoin ETF will be given the regulatory green light in the near future have risen in recent weeks. A number of applicants have met with the SEC and filed various amendments to their applications, specifying that they will issue their ETFs with cash creation (if approved) rather than in-kind and addressing other minor details, suggesting the SEC is open to an approval.
Jan. 10, 2024 is the final deadline for the Ark 21Shares filing. Any approval or rejection from the SEC will have to come by that date, though Reuters reported that a decision may come as early as the first few days of the new year.
More For You
알아야 할 것:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations
Abu Dhabi’s Financial Services Regulatory Authority has granted licenses to three Binance entities covering exchange, clearing, and brokerage functions.
알아야 할 것:
- Binance has received authorization from Abu Dhabi Global Markets (ADMG) to operate under a comprehensive exchange, clearing, and brokerage framework.
- The approval allows Binance to structure its operations into three regulated entities under the Nest brand, covering exchange, clearing, and trading functions.
- Binance's presence in Abu Dhabi aligns with regulatory standards and underscores the region's role as a hub for financial innovation.
Top Stories
