US Securities and Exchange Commission Approved another joint bitcoin and ether exchange trade fund (ETF) On Thursday, investors will be exposed to two digital assets with one regulated financial product.
SEC has announced that it has approved the same product submitted by Hashdex and Franklin Templeton, and then has given Bitwise bitcoin and acceleration approval for Ethereum ETF. Hashdex's Crypto Index ETF gives investors exposure Different cryptocurrency basketFranklin Tempton said the product will be released in January.
Bitwise products released on the New York Stock Exchange are exposed to both Spot Bitcoin (BTC) and Ethereum (ETH), and are weighted by market capitalization. NYSE ARCA submitted 19B-4 form to SEC last November.
Asset management companies have recently submitted a rapid increase in cryptographic ETF applications, and President Donald Trump's new president is trying to promise a light touch on regulated issues.
Companies have applied for ETFs that track the prices of Memecoin, such as Dogecoin (DOGE) and the prices of cryptocurrencies such as Solana (SOL).
Earlier on Thursday, Coinbase submitted a list and transaction of futures that track Solana and Hedera.
Update (January 31, 2025, 01: 21 UTC): Add additional details.
