According to Foresight News, documents released by the U.S. Securities and Exchange Commission (SEC) indicate that it has approved the listing applications for the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These two ETFs will simultaneously hold Bitcoin and Ethereum spot, with the allocation ratio determined by market capitalization of freely tradable volume, and will be listed for trading on the Nasdaq and Cboe BZX exchanges.
The SEC noted in the approval documents that the CME Bitcoin and Ethereum futures markets are highly correlated with the spot markets, and the comprehensive regulatory sharing agreements between Nasdaq and Cboe BZX with the CME can effectively monitor and prevent market manipulation. The two ETFs must comply with strict information disclosure requirements, including updating the fund's reference net asset value every 15 seconds and publishing net asset value information on the exchange's website.
