Global #ETFs

In a landmark decision, the Securities and Exchange Commission (SEC) has approved the first-ever ETFs combining both Bitcoin and Ethereum.

The cryptocurrency exchange-traded fund (ETF) landscape is evolving rapidly after the massive success of Bitcoin spot ETFs in the U.S. Following Bitcoin’s significant rise, a growing list of altcoins is emerging as potential candidates for their own ETFs.

Taiwan’s Financial Supervisory Commission (FSC) has announced a significant development in its regulatory framework, allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) through a re-entrustment method.

State Street Global Advisors, through its Galaxy Asset Management division, has launched a suite of innovative ETFs aimed at capturing the burgeoning potential of digital assets and transformative technologies.

As the financial world awaits the Federal Open Market Committee (FOMC) meeting, scheduled to provide crucial insights into potential rate cuts by the Federal Reserve in September, attention in the cryptocurrency market is particularly focused on Bitcoin and Ethereum Exchange-Traded Funds (ETFs).

BlackRock, a leading global investment management corporation, has indicated a strong preference for Bitcoin and Ethereum in the realm of cryptocurrency exchange-traded funds (ETFs).