Odaily News James Seyffart, ETF analyst at Bloomberg Industry Research, said that Hashdex's application for a dual ETF of BTC and ETH is "very meaningful". If the US SEC decides to approve it, the terms contained in the application will also allow Hashdex to add other cryptocurrencies to the fund in the future, which will turn the fund into a crypto index. Hashdex already has a DeFi index fund, a Web3 index fund, and a metaverse index fund, each of which contains at least a dozen cryptocurrencies. According to relevant procedures, the SEC must respond to the dual fund application by March 2025. (DL News)