🚨 SEC Approves First Hybrid Bitcoin-Ethereum ETFs! 🚨
What does this mean for crypto investors? 🤔📈
💡 Diversification with BTC & ETH in one ETF
🔒 Enhanced market surveillance to combat fraud
📊 Launch expected in January with 80% BTC & 20% ETH allocation
Will this spark a new wave of crypto ETFs? 🌊 Let’s discuss! 💬
The SEC has approved the first hybrid Bitcoin-Ethereum ETFs by Hashdex and Franklin Templeton, marking a significant milestone. These ETFs will allocate assets based on free-float market caps (approx. 80% BTC, 20% ETH) and are set to launch in January. The approval reflects the SEC's growing comfort with dual-asset frameworks, bolstered by enhanced surveillance-sharing agreements to ensure market integrity. This could pave the way for more diversified crypto investment products.
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