After six months of review, the U.S. SEC has finally approved the first batch of Bitcoin and Ethereum mixed ETFs, including the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. Analysts expect a very high market demand for such products in the future. (Background: The scale of Bitcoin ETFs in the U.S. has officially surpassed that of Gold ETFs, disrupting Gold's 20-year dominance) (Background Supplement: 13F institutional reports) 206 companies now hold Bitcoin spot ETFs, and another U.S. company announced a significant increase in stock price after investing in BTC. ETF Store President Nate Geraci stated on social media platform X yesterday (20) that after nearly six months of review, the SEC has finally approved the Bitcoin and Ethereum mixed ETFs from Hashdex (Hashdex Nasdaq Crypto Index US ETF) and Franklin Templeton (Franklin Crypto Index ETF). SEC has *approved* both the Hashdex Nasdaq Crypto Index US ETF & Franklin Crypto Index ETF… Will initially hold both btc & eth. pic.twitter.com/5GUhhhXL7y — Nate Geraci (@NateGeraci) December 19, 2024 Bloomberg analysts: Expected to list in January According to (Decrypt) reports, SEC documents show that the Hashdex Nasdaq Crypto Index US ETF will be listed on Nasdaq, while the Franklin Crypto Index ETF will be listed on the Cboe BZX exchange. Additionally, the ratio of Bitcoin and Ethereum held by these two mixed ETF products will be calculated based on free-floating market capitalization. Furthermore, the SEC stipulates that these two products must continuously meet listing requirements and maintain transparency in their portfolios and pricing, or they will be required to delist. Additionally, Bloomberg's senior ETF analyst expects these two products to officially list for trading in January next year, with Bitcoin accounting for 80% and Ethereum accounting for 20% in the mixed investment, reflecting their current market values. The spot bitcoin/ether combo ETFs have been approved by SEC (as predicted). Launch likely in January. They’re mkt cap weight so 80/20 btc/eth approx. Notable that Hashdex & Frankie are first. Good for them. https://t.co/o2ri3XpqZi — Eric Balchunas (@EricBalchunas) December 20, 2024 ETF Store President: Huge market demand In this regard, ETF Store President Nate Geraci also added that he expects a significant demand for such products in the future, as investors prefer diversified portfolios. At the same time, after the launch of these two products, it will also be interesting to see whether asset management giants like BlackRock will also launch similar products, as the SEC has expressed satisfaction with the current application documents: Let's see if BlackRock or other companies will try to launch similar products; this will be interesting. In any case, I expect these products to have huge market demand. Advisors prefer diversification, especially in emerging asset classes like cryptocurrencies. Additionally, it is worth mentioning that as early as June this year, Bloomberg analyst James Seyffart also commented that launching such products in the U.S. would be 'extraordinary.' Related Reports BTC Frenzy) Bitcoin concept stocks and ETF single-day trading volume soared past $70 billion, setting a new historical high Bitcoin targeting $100,000) Cathay Digital Payment '00909' heavily invested in MicroStrategy, Coinbase.. bravely winning the ETF reward triple crown ETH to soar? U.S. Ethereum spot ETF single-day net inflow of $295 million set a new historical high "The U.S. SEC approves the first batch of 'Bitcoin + Ethereum mixed ETFs,' expected to launch in January, with huge market demand" This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).

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