Breaking News SEC Approves Bitcoin and Ethereum Dual ETFs from Hashdex and Franklin Templeton
The U.S. Securities and Exchange Commission has approved a combined Bitcoin and Ethereum ETF from Hashdex and Franklin Templeton. The move expands combined institutional access to the two largest cryptocurrencies via spot market-based investment vehicles.
The Hashdex Nasdaq Crypto Index US and Franklin Templeton Crypto Index ETFs have received regulatory approval, with the latter benefiting from an expedited review.
Bitcoin and Ethereum ETFs Approved After Successive Delays
Franklin Templeton’s ETF filing update, filed earlier today, has received faster approval due to its compliance with applicable commodity-based trust standards.
According to the filing, the SEC has approved proposed rule changes from Nasdaq and Cboe BZX to facilitate the listing and trading of these funds.
“The Hashdex Crypto Index ETF just got approved by the SEC. Initially it will only include BTC and ETH, but will expand to include other assets over time… including XRP!” said popular artist Chad Steingreber.