The US Securities and Exchange Commission (SEC) has approved the first-ever dual Bitcoin and Ethereum index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex.
Both ETFs will hold spot BTC and ETH in proportions reflecting their respective market capitalizations, with an 80:20 ratio favoring Bitcoin.
The ETFs may potentially include other cryptocurrencies in the future, pending regulatory approval.
These approvals indicate the growing acceptance and demand for regulated crypto ETFs in the US and other countries.