SEC approves Bitwise’s Bitcoin and Ethereum ETF in a major milestone.

SEC Approves Bitwise’s Bitcoin and Ethereum Spot ETF, Broadening Crypto Investment Options

The U.S. Securities and Exchange Commission (SEC) has given its approval for Bitwise’s Bitcoin and Ethereum spot exchange-traded fund (ETF), allowing investors to access both digital assets through a single regulated financial product.

This approval comes just over a month after the SEC also approved similar ETFs from Hashdex and Franklin Templeton. While Hashdex’s Crypto Index ETF provides exposure to a range of cryptocurrencies, Franklin Templeton is set to launch its own product in the coming weeks. Bitwise’s ETF, created in partnership with the New York Stock Exchange (NYSE), will give investors market-cap weighted exposure to both bitcoin (BTC) and ethereum (ETH). NYSE Arca submitted the 19b-4 filing for this ETF last November.

With the regulatory environment shifting under President Donald Trump’s administration, asset management firms are accelerating efforts to launch crypto-related ETFs. In addition to Bitwise’s approval, applications have been submitted for ETFs tracking other digital assets like Solana (SOL) and Dogecoin (DOGE).

Coinbase, too, made moves earlier this week, filing to introduce futures products based on Solana and Hedera.

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