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2 Comments
tldr; The U.S. Securities and Exchange Commission (SEC) has approved Bitcoin and Ether index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton. Hashdex’s Nasdaq Crypto Index US ETF will trade on the Nasdaq, while Franklin’s Crypto Index ETF will be listed on the Cboe BZX Exchange. Both ETFs will hold spot Bitcoin and Ether. The SEC’s approval was based on the amended filings and the structure of the Trusts, which are similar to previously approved spot Bitcoin and Ether ETPs. This move may encourage other firms to launch similar ETFs.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Queue “tHiS iS hUgE!!1!”