Hashdex Launches Spot Bitcoin ETF on NYSE, Joins 10 Other Spot BTC Funds Trading in US

Crypto firm Hashdex launched a spot Bitcoin ETF on the New York Stock Exchange, becoming the 11th Bitcoin ETF trading in the US
The ETF holds over 5,500 bitcoins worth about $377 million and is secured by crypto custodian BitGo
Hashdex originally launched a Bitcoin futures ETF in September 2022 before converting it to a spot ETF
In January, the SEC approved 10 spot Bitcoin ETFs from firms like BlackRock and ARK Invest
Hashdex filed for a Bitcoin ETF approval alongside other firms but was delayed, only going effective this week