The SEC has approved the launch of Bitcoin and Ether ETFs by Hashdex and Franklin Templeton. These funds will track the prices of Bitcoin and Ether on the spot market and will trade on Nasdaq and Cboe BZX. The decision is based on updated filings from the companies that meet the SEC's criteria for investor protection. This could encourage other firms, such as BlackRock, to launch similar products. NYSE Arca has also submitted applications for listing cryptocurrency ETFs, including Grayscale, but has not yet received approval.
12/20/2024 2:08:05 PM (GMT+1)
The SEC has approved the launch of Bitcoin and Ether ETFs by Hashdex and Franklin Templeton, which will track the prices of cryptocurrencies on the spot market and trade on Nasdaq and Cboe BZX 📈
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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