menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

3d

read

313

img
dot

Image Credit: Bitcoinist

SEC Greenlights First Hybrid Bitcoin And Ethereum ETFs From Franklin Templeton, Hashdex

  • 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.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app