Hashdex is using CME, a regulated exchange, which could make it the top choice for a Bitcoin ETF.
Experts believe that Hashdex has a good chance of winning because of its smart plan to buy bitcoin from CME.
Compared to other applicants, Hashdex's strategy is different and aims to protect investors by reducing market manipulation risks.
By using CME instead of Coinbase, Hashdex shows that it is serious about creating a fair and transparent market.
