SEC Approves $300M Hybrid Bitcoin-Ethereum ETFs from Hashdex & Franklin Templeton
The first hybrid Bitcoin-Ethereum ETFs got SEC approval on December 19, 2024. The Securities and Exchange Commission cleared two new funds that combine both cryptocurrencies: Hashdex’s Nasdaq Crypto Index US ETF and Franklin Templeton’s Crypto Index ETF. Senior Bloomberg ETF analyst Eric Balchunas stated, “They’re market cap weight so 80/20 BTC/ETH approx. Notable that Hashdex & Frankie are first. Good for them.” 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 Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5? How SEC-Approved Bitcoin-Ethereum ETFs Address Market Volatility & Security Risks Source: Watcher Guru Regulatory Framework and Security Measures Source: Coinglass The SEC spent six months revi...