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SEC approves first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton BTC & ETH Combo

  • The U.S. Securities and Exchange Commission approves the first spot bitcoin and Ethereum combination exchange-traded funds.
  • Investors can now have direct exposure to Bitcoin and Ethereum without buying or holding the underlying assets.
  • The approval is expected to increase investor confidence, institutional wealth inflow, and lead to further convergence of traditional finance with decentralized finance (DeFi).
  • The industry celebrates the decision as a milestone in the relationship between digital and traditional finance.

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