The SEC has approved dual Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, providing institutional investors with greater access to these digital assets. The approved ETFs are the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF. Despite market turbulence and significant liquidations in the crypto space, the approvals were granted due to compliance with existing standards. Analysts predict that Litecoin may be the next candidate for ETF approval, while regulatory uncertainty remains for Solana and XRP ETFs. A potential leadership change at the SEC in 2025 could potentially lead to more favorable conditions for crypto ETF approvals.
- Content Editor ( cryptobriefing.com )
- 2024-12-20
SEC approves Hashdex and Franklin Templeton dual Bitcoin-Ethereum ETFs