US Crypto Index ETFs Launch with New Asset Additions Planned
Recent developments in cryptocurrency ETFs highlight significant progress in the US market.
- Franklin Templeton’s EZPZ ETF, offering exposure to both BTC and ETH, is now active.
- Hashdex Nasdaq Crypto Index US ETF launched on February 14, with plans to add seven more digital assets (SOL, XRP, ADA, LINK, AVAX, LTC, UNI).
- SEC is actively considering various proposed single-asset ETFs, signaling potential approvals soon.
- Grayscale and 21Shares filed to stake ETH in their existing ether ETFs.
- Nasdaq and Cboe have sought SEC approval for in-kind creations/redemptions of bitcoin ETFs.
- Defiance ETFs is creating a fund focused on stocks that may benefit from Trump's presidency, called MAGA Seven.
These developments indicate a growing interest in diversified crypto investment products and potential regulatory advancements.