Hashdex has applied to hold spot Bitcoin in its Bitcoin futures ETF
ChainCatcher news, Bloomberg ETF analyst James Seyffart tweeted that the crypto asset management company Hashdex has applied to hold spot Bitcoin in its Bitcoin futures ETF.
Seyffart pointed out that, to some extent, this move is an attempt to circumvent the Coinbase SSA, only engaging in a specific type of trade EFRP—essentially exchanging futures for equivalent spot exposure, rather than purchasing directly from the exchange with cash.
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