The US Securities and Exchange Commission (SEC) has approved the first hybrid Bitcoin and Ethereum index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex, set to launch in January 2025. These ETFs will hold spot BTC and ETH in an 80:20 ratio, with potential for future inclusion of other cryptocurrencies pending regulatory approval. The approval reflects the SEC's alignment with the Exchange Act's criteria, emphasizing investor safeguards against fraud and manipulation.
The U.S. Securities and Exchange Commission (SEC) has approved the first dual Bitcoin-Ethereum exchange-traded funds (ETFs), allowing Nasdaq and Cboe BZX to list the Hashdex Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF, expected to launch early next year. These funds will hold approximately 80% Bitcoin and 20% Ethereum, enhancing market integrity through surveillance-sharing agreements. This approval signals a more receptive environment for innovative crypto products, potentially paving the way for additional multi-asset ETFs in the future.
Chainlink is partnering with Euroclear, Swift, and Franklin Templeton to standardize corporate data for equity and fixed income securities, addressing data proliferation during corporate events. This initiative aims to enhance market efficiency and reduce fragmentation across jurisdictions.Additionally, Chainlink's collaboration with Coinbase's Project Diamond will facilitate interoperability between public and private blockchains, supporting the lifecycle management of digital assets. Analysts predict potential price increases for Chainlink (LINK), with projections suggesting it could rise significantly if it surpasses key resistance levels.
Chainlink is enhancing global finance by standardizing corporate action data through partnerships with Euroclear, Swift, and Franklin Templeton, aiming to improve market efficiency and reduce fragmentation. The initiative utilizes decentralized oracles and large language models to create structured "Golden Records" for seamless data transfer across blockchains.Additionally, Chainlink's collaboration with Coinbase's Project Diamond supports the management of digital assets, reinforcing compliance and interoperability between public and private blockchains. As LINK's price shows significant growth, analysts predict potential further increases, with varying forecasts on its future value.
Aptos CEO Mo Shaikh has resigned, effective December 19, to pursue new opportunities while remaining a strategic adviser. Avery Ching, co-founder and former CTO, has taken over as CEO, focusing on expanding the ecosystem and driving technical advancements, particularly in Asia. Under Shaikh's leadership, Aptos launched its layer-1 blockchain mainnet and secured over $400 million in funding.
SEC Commissioner Hester Peirce anticipates early changes for crypto ETFs, including staking for Ethereum and in-kind redemptions for Bitcoin, under new leadership. With a favorable majority among Commissioners, discussions on these improvements are expected to accelerate, potentially leading to a wave of new crypto ETF approvals next year. Recent approvals for hybrid ETFs by Hashdex and Franklin Templeton signal a positive shift in the regulatory landscape.
The U.S. Securities and Exchange Commission has approved the first crypto index ETFs from Hashdex and Franklin Templeton, set to launch in January. These funds will hold approximately 80% Bitcoin and 20% Ether, with BitGo and Coinbase as custodians. This approval marks a significant milestone in the growing U.S. crypto ETF market, which has seen over $36 billion in net inflows since January.
The SEC has approved the first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton, set to launch in January with an 80/20 allocation favoring Bitcoin. This marks a significant step in the U.S. crypto ETF market, which has seen substantial inflows, particularly in Bitcoin ETFs. Speculation continues around potential future approvals for Solana and XRP ETFs, though analysts suggest Litecoin and Hedera may come first due to regulatory clarity.
The US SEC has approved the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF, allowing them to trade on Nasdaq and Cboe BZX Exchange, respectively. These ETFs will track Bitcoin and Ethereum, with holdings based on market capitalizations, and are expected to launch in January. This approval signals a progressive regulatory approach to cryptocurrency, potentially stabilizing the market amid recent volatility.
Chainlink is revolutionizing corporate action data by partnering with major financial entities like Euroclear, Swift, and Franklin Templeton to enhance market efficiency and reduce fragmentation. The initiative aims to standardize data across equity and fixed-income securities, utilizing decentralized oracles and advanced technologies for seamless blockchain integration.Currently, Chainlink (LINK) is trading at approximately $29, experiencing significant price appreciation. Analysts predict potential price targets of $47 to $61 if it surpasses key resistance levels, while concerns over whale movements from Binance add volatility to the market.
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