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The U.S. Securities and Exchange Commission (SEC) has officially approved dual Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move marks a significant expansion in institutional access to the two largest cryptocurrencies through spot-based investment options. The approved funds include the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF.
Franklin Templeton’s filing, submitted today, was granted expedited approval after meeting commodity-based trust share standards. The approval of these ETFs follows recent predictions from Bloomberg analysts who anticipated the SEC’s green light for both Bitcoin and Ethereum.
Looking ahead, analysts speculate that Litecoin could be next in line for ETF approval, with its status as a Bitcoin fork possibly positioning it as a commodity. Despite ongoing regulatory uncertainty around Solana and XRP ETFs, the approval of these major crypto ETFs is a promising sign for the future of digital asset investment.
