The U.S. Securities and Exchange Commission (SEC) has officially released documents approving the listing applications for the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. Notably, these two ETFs will directly hold spot Bitcoin and Ethereum, with their asset allocation ratios flexibly determined based on market capitalization and free float, and they will commence trading on the Nasdaq and Cboe BZX exchanges.

In the approval documents, the SEC specifically pointed out that the CME (Chicago Mercantile Exchange) Bitcoin and Ethereum futures markets exhibit a strong and tight correlation with the spot market. Thanks to the comprehensive regulatory sharing agreements established between Nasdaq, Cboe BZX, and CME, regulators can effectively monitor the market from multiple angles, promptly detect and defend against potential market risks, ensuring the safety of investors.

Moreover, to ensure market transparency, both ETFs are required to strictly adhere to a series of information disclosure guidelines. This includes real-time updates of the fund's reference net asset value every 15 seconds, as well as the precise and detailed publication of key information such as net asset value on the relevant exchange websites, ensuring that investors can grasp the fund dynamics in real-time and make informed investment decisions.