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US SEC Approves Crypto ETFs: Franklin and Hashdex Bring Bitcoin and Ethereum to Nasdaq

  • The US Securities and Exchange Commission (SEC) has approved the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF for trading in the public market.
  • Nasdaq submitted an updated proposal for the Hashdex crypto index ETF in September, following its initial filing in May, and it will trade on the Nasdaq stock market.
  • Franklin Templeton's crypto index ETF has received 'accelerated approval' from the SEC and will trade on the Cboe BZX Exchange.
  • The approval of these ETFs validates speculations of a new wave of ETFs and could attract more institutional investors to the cryptocurrency market.

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