SEC Greenlights Bitwise's Groundbreaking Bitcoin and Ethereum ETF, Signaling Crypto Market Evolution

01.02.2025 26 times read 0 Comments Read out

Bitwise Secures SEC Approval for Combined Bitcoin and Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has granted Bitwise approval to launch a combined Bitcoin and Ethereum exchange-traded fund (ETF), as reported by Yahoo Finance. This decision allows the NYSE Arca to list shares of this new fund, which will include both spot Bitcoin and Ether alongside cash reserves. The approval is significant in the context of evolving regulatory attitudes towards crypto investment products, marking a shift from previous cautious stances under former SEC Chair Gary Gensler.

SEC Approves Bitwise Spot Bitcoin and Ethereum ETF

CoinDesk reports that the SEC's accelerated approval of Bitwise’s joint Bitcoin and Ethereum ETF provides investors with exposure to these digital assets weighted by market capitalization. Following similar approvals for Hashdex's Crypto Index ETF, which includes various cryptocurrencies like Solana, there is an evident trend toward broader acceptance within regulated financial markets.

Best Crypto Coins for 2025: BlockDAG, Ethereum, Dogecoin & Shiba Inu – Picks to Keep on Your Radar!

According to Coinspeaker, several cryptocurrencies are poised for growth in 2025 due to their unique features and community-driven expansion efforts. BlockDAG leads with its innovative Directed Acyclic Graph structure offering scalability benefits; meanwhile, Ethereum continues its dominance through smart contract innovation despite recent price fluctuations around $3,177.86 per ETH.

The Chopping Block: Ethereum’s Civil War, L2 Taxation & Vitalik’s Milady Moment

An episode covered by Unchained discusses internal tensions within the Ethereum Foundation over leadership strategies amid rising competition from networks like Solana. Additionally highlighted was co-founder Vitalik Buterin embracing cultural shifts such as adopting elements from NFT subcultures while navigating complex governance challenges facing blockchain ecosystems today.

Vitalik Buterin Holds Less Than 10% in Bitcoin or Any Other Crypto Except Ethereum

A report from Coinspeaker reveals that Vitalik Buterin maintains less than ten percent holdings outside his primary focus—Ethereum—which surged briefly following his statements but later saw minor declines amidst ongoing whale accumulation trends supporting long-term confidence among institutional stakeholders investing heavily into decentralized finance applications built atop this versatile platform architecture at present valued near $3 billion USD overall globally speaking too now more so than ever before.

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