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The Defiant 2024-12-20 20:02:50

SEC Approves First BTC-ETH Index ETFs

The Securities and Exchange Commission (SEC) approved two exchange-traded funds (ETFs) tracking indexes that include ETH and BTC, offering exposure to both cryptocurrencies in a single place. The applications by the Hashdex Nasdaq Crypto Index US ETF and Franklin Templeton’s Franklin Crypto Index ETF are the first crypto index funds of this kind approved by the agency. Both funds indicated in the applications that they would like to add other cryptocurrencies to their indexes, with Hashdex specifying Avalanche’s AVAX, Chainlink’s LINK and Litecoin’s LTC. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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