US SEC Approves Franklin, Hashdex ETFs Holding Bitcoin and Ethereum

Quick Summary:

The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex.

This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products.

Bloomberg analysts predict Litecoin ETFs could be next, given its classification as a commodity and its close relationship with Bitcoin.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaUnited States

Topics: Franklin Templeton Hashdex Bitcoin News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 02:03:41 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 571 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24563091

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

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