The SEC has approved two Bitcoin and Ether ETFs, making it easier for retail investors to gain exposure to these major cryptocurrencies through traditional brokerage accounts.
The approval of these ETFs is seen as a significant milestone for the cryptocurrency industry and could lead to increased institutional and retail investment in cryptocurrencies.
The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF will provide retail investors a regulated and accessible way to invest in Bitcoin and Ether.
The approval of these ETFs could pave the way for the approval of additional crypto ETFs, expanding investment options and contributing to mainstream adoption of cryptocurrencies.