The U.S. Securities and Exchange Commission (SEC) has approved Hashdex and Franklin Templeton’s Bitcoin and Ether index exchange-traded funds (ETFs). Hashdex’s Nasdaq Crypto Index US ETF will trade on the Nasdaq exchange, while the Franklin Crypto Index ETF will trade on the Cboe BZX Exchange. Both ETFs will include spot Bitcoin and Ether. The SEC said these approvals are consistent with previous similar ETF proposals. This development could inspire other firms to take similar steps. What impact do you think these approvals will have on the crypto market? We welcome your comments.