Diversified crypto investing could soon be within reach for U.S. investors, as asset managers like Hashdex and Franklin Templeton pursue SEC approval for crypto index ETFs.
Crypto index ETFs could soon be available to U.S. investors, as asset managers like Hashdex and Franklin Templeton pursue SEC approval for these funds.
Diversified crypto investing might soon be within reach for U.S. investors, as asset managers like Hashdex and Franklin Templeton pursue SEC approval for crypto index ETFs.
These ETFs aim to spread risk by bundling multiple digital assets, much like traditional index funds do with stocks. This strategy could help reduce volatility and offer a broader exposure to the crypto market.
Currently, several crypto index ETFs are available in other countries, but bringing them to the U.S. would open crypto index investing to a wider audience.
If approved, these ETFs would be listed on exchanges like Cboe BZX Exchange and NYSE Arca, offering convenient access to both retail and institutional investors.
Asset managers are hopeful that the SEC will finally greenlight crypto index ETFs, considering the growing demand and the regulatory shifts observed in recent times.
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