SEC Approves Bitcoin-Ether ETFs for Hashdex and Franklin Templeton

2024-12-21 10:47

Key Takeaways:

The SEC has approved Bitcoin-Ether ETFs for Hashdex and Franklin Templeton, making crypto more accessible to big investors. This approval shows growing acceptance of cryptocurrencies in the mainstream financial world. The crypto market remains volatile, but this move could pave the way for more similar products. What Are These Bitcoin-Ether ETFs All About?

The SEC approved two ETFs at the same time:

Hashdex Nasdaq Crypto Index US ETF: This will trade on Nasdaq. It tracks the Nasdaq Crypto US Settlement Price Index, which includes Bitcoin and Ether. Franklin Crypto Index ETF: This will list on the Cboe BZX Exchange. It follows the Institutional Digital Asset Index, which also tracks Bitcoin and Ether.

Here’s a quick summary:

ETF Name Exchange Tracks Assets Goal Hashdex Nasdaq Crypto Index US ETF Nasdaq Nasdaq Crypto US Settlement Index BTC, ETH Access diversified crypto assets Franklin Crypto Index ETF Cboe BZX Institutional Digital Asset Index BTC, ETH Track performance of leading cryptos

The key difference here? These ETFs directly invest in Bitcoin and Ether. No futures contracts involved. This makes them much closer to the actual market prices of these cryptocurrencies.

Hashdex Nasdaq Crypto Index US ETF

Why Did the SEC Approve These?

The SEC gave its approval because the revised filings met their requirements. Both companies made sure their ETFs complied with rules to prevent fraud and market manipulation. The structure of these ETFs is also similar to some earlier approved Bitcoin and Ether products. That made the decision easier for the SEC.

Why Does This Matter for Crypto? 1. A Positive Signal for the Industry

This approval is a big thumbs-up for the crypto world. It shows that regulators are becoming more open to digital assets.

2. Attracting Institutional Investors

Experts believe institutional investors will love these products. Nate Geraci, president of The ETF Store, says advisors like diversification, especially in new areas like crypto. He expects a lot of demand for these ETFs.

Nate Geraci, president of The ETF Store, says advisors like diversification

3. Easier Access for Everyone

These ETFs make it easier for investors to get exposure to Bitcoin and Ether. You don’t need to own or manage the cryptocurrencies yourself.

4. Boosting Crypto’s Credibility

The SEC’s approval gives crypto more legitimacy. Traditional investors who were on the fence may now feel more confident about stepping in.

5. Driving Innovation in the Market

With more ETFs like these, the entire crypto space could see growth. It could lead to more opportunities for tech companies and investors alike.

More News: Over the past year alone, more than $21 billion has flowed out of the Grayscale Bitcoin Trust ETF

Market Volatility Around the Approval

Even with the good news, the market saw a lot of volatility before the announcement. Over $1 billion worth of crypto was liquidated in just 24 hours. Bitcoin and Ethereum prices dropped significantly.

Here’s a snapshot:

Cryptocurrency Recent High Current Price Drop (%) Bitcoin (BTC) $105,000 $97,000 8% Ethereum (ETH) $4,107 $3,387 15% Solana (SOL) $264 $196 15%

This just shows how sensitive the market is to news.

The post SEC Approves Bitcoin-Ether ETFs for Hashdex and Franklin Templeton appeared first on CryptoNinjas.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Mainstream For The Underground (MFTU) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $32
Изменеия 24h: 20.31 %, 7d: 0.44 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 7762
Доступно / Всего 0 MFTU

templeton sec hashdex franklin bitcoin-ether etfs approves

Источник: cryptoninjas.net

templeton sec → Результатов: 59


Фото:

Franklin Templeton намерен открыть индексный ETF на биткоин и Ethereum

Ранее заявку на индексный ETF одновременно на биткоины и Ethereum подал Hashdex. Инвестиционный гигант Franklin Templeton из США подал заявку по форме S-1 в Комиссию по ценным бумагам и биржам (SEC) на создание нового биржевого фонда (ETF) под названием Franklin Crypto Index ETF, который планирует инвестировать одновременно и в биткоины, и в Ethereum. В случае […]

2024-8-19 16:07


Эмитенты Ethereum-ETF подали обновленные заявки в SEC

Компании BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy и 21Shares подали обновленные заявки на спотовые Ethereum-ETF в SEC. Об этом сообщает The Block. VanEck установила комиссии на уровне 0,2%, Franklin Templeton — 0,19%.

2024-6-23 11:50


Franklin Templeton хочет запустить спотовый ETF на альткоины с функцией стейкинга

Управляющий активами на сумму свыше $1,5 трлн американский инвестиционный фонд Franklin Templeton готовится подавать заявку на регистрацию нового продукта в Комиссию по ценным бумагам и биржам США (SEC).

2024-6-10 11:55


Ethereum Spot ETF: Franklin Templeton Launches Fee War With 0.19% Offer

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1 filings on Friday.

2024-6-1 13:00


SEC одобрила спотовые Ethereum-ETF. Актив официально стал товаром. Но почему цена не растет?

Комиссия по ценным бумагам и биржам США (SEC) утвердила листинг на биржах восьми спотовых Ethereum-ETF. Одобрены заявки 19b-4 следующих компаний: VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK Invest/21Shares, Invesco/Galaxy и Bitwise.

2024-5-24 12:25


SEC переносит решение по спотовому Ethereum-ET Franklin Templeton

Комиссия по ценным бумагам и биржам США (SEC) продлила период рассмотрения заявки на запуск спотового ETF на базе Ethereum от инвестиционной фирмы Franklin Templeton. Об этом сообщается на сайте ведомства.

2024-4-24 08:54


SEC отложила решение по спотовому Ethereum-ETF от Franklin Templeton

Комиссия по ценным бумагам и биржам США (SEC) продлила период рассмотрения заявки на запуск спотового ETF на базе Ethereum от инвестиционной фирмы Franklin Templeton. Об этом сообщается на сайте ведомства.

2024-4-24 19:47


Ethereum ETF: Franklin Templeton Enters The Fray As ETH Rallies

Wall Street titan and Asset manager Franklin Templeton has applied for an Ethereum Spot Exchange-Traded Funds (ETF) after a struggle to gain approval for their Bitcoin Spot ETF in early January. Asset Manager Files For Spot Ethereum ETF Asset managers have gravitated toward the Ethereum spot ETF since the United States Securities and Exchange Commission (SEC) approved the Spot Bitcoin ETF.

2024-2-14 18:00


Фото:

Bitcoin ETF approved, SEC nod to 11 firms for spot Bitcoin ETFs

In a landmark decision, the U.S. Securities and Exchange Commission (SEC) on January 10 approved the launch of a spot Bitcoin ETF, marking a significant milestone for the cryptocurrency industry. The list of approved firms includes ARK 21Shares, Invesco Galaxy, VanEck, WisdomTree, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex, and Franklin Templeton. This approval signifies a […]

2024-1-11 00:05


Фото:

SEC отложила решения по заявкам на биткоин-ETF от двух компаний

В криптовалютной отрасли уверены, что SEC в итоге одобрит запуск биткоин-ETF в США. Комиссия по ценным бумагам и биржам США (SEC) отложила решения по заявкам на биткоин-ETF от двух компаний — Global X и Franklin Templeton.

2023-11-21 11:52


SEC переносит решение еще по двум ETF-заявкам

Комиссия по ценным бумагам и биржам США (SEC) отложила решение по заявкам на регистрацию спотовых биткоин-ETF от Franklin Templeton и Global X. Следующий промежуточный дедлайн по ним — декабрь 2023 года.

2023-11-20 14:45


Фото:

Фонд с активами в 1,5 трлн долларов подал заявку на биткоин-ETF

Franklin Templeton присоединился к ряду известных фондов, которые подали заявку на биткоин-ETF в США. Инвестиционный фонд Franklin Templeton, управляющий активами на сумму в 1,5 трлн долларов, стал в настоящее время десятым заявителем в Комиссию по ценным бумагам и биржам США (SEC) на запуск биржевого фонда (ETF) на спотовый биткоин. Таких заявок за всё время было […]

2023-9-13 14:18


дальше еще 10 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP whales buy the dip - Analyzing impact on price action

XRP has declined again after a slight rebound in the last trading session. Whales remained in the accumulation mode despite price decline. Ripple's [XRP] recent price decline has caught the The post XRP whales buy the dip - Analyzing impact on price action appeared first on AMBCrypto.

Toncoin 'tops' the social charts! How can TON's price benefit from it?

Toncoin rose to the top as the coin with the highest social and market activity in the last 24 hours Worth evaluating whether these findings can influence TON's short-term or long-term bullish The post Toncoin 'tops' the social charts! How can TON's price benefit from it? appeared first on AMBCrypto.

Here's the case for VIRTUAL sustaining its upside after 33% hike

Virtuals Protocol saw two spikes in its age consumed metric during the retracement Quick recovery from the local bottom gave bulls some hope Virtuals Protocol [VIRTUAL] has performed remarkaThe post Here's the case for VIRTUAL sustaining its upside after 33% hike appeared first on AMBCrypto.