SEC Approves First Bitcoin and Ethereum Combo ETFs

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Citing Coinpedia, the SEC has approved two groundbreaking ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These ETFs uniquely combine spot Bitcoin and Ethereum, offering investors a balanced exposure to both cryptocurrencies. This approval marks a significant milestone, indicating the SEC's growing recognition of the crypto market. The ETFs are designed to reduce risk by diversifying investments across both Bitcoin and Ethereum, and they adhere to strict guidelines to ensure security and transparency. This development could pave the way for more innovative crypto investment options in the future.

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