A Bitcoin-Ethereum ETF Soon To Be Approved By The SEC?
After a timid start, Bitcoin and Ethereum ETFs finally seem to be taking off. Between the administrative delays of the SEC and cautious adoption by investors, the king of altcoins and the queen of cryptos waited for the right moment. But today, these revolutionary trackers, backed by crypto assets, are asserting themselves. Focus on Bitwise’s latest project, which promises balanced access to the two titans of crypto: Bitcoin and Ethereum.
A strategic breakthrough for the crypto market
The crypto universe is entering a new era with the introduction of Bitcoin and Ethereum all-in-one ETFs. Bitwise’s flagship project, supported by NYSE Arca, promises simplified access to the two largest cryptocurrencies, weighted by market capitalization.
According to Bitwise, this model offers investors a balanced alternative to volatility, capitalizing on the complementarity of the two giants.
Katalin Tischhauser from the crypto bank Sygnum summarizes the stake well:
” The ETF indexes are to cryptos what the S&P 500 is to stocks. ”
A significant turning point, as other major players like Hashdex and Franklin Templeton compete for approval from the American regulator.
Here are the key details of the proposed Bitwise ETF:
- Based on Bitcoin and Ethereum, the two most traded assets;
- Market cap weighted, favoring better diversification;
- Accessible to a broader audience through a simplified platform.
Dogecoin and XRP: competitors or allies?
While Bitcoin and Ethereum dominate, other cryptos like Dogecoin and XRP watch these movements closely. The Bitwise initiative could redefine priorities in the crypto market by attracting institutional capital towards historical leaders, leaving less room for secondary altcoins.
However, investors know that a diversity of assets can offer promising perspectives.
With the arrival of a crypto-friendly American leadership in January 2025, doors are opening for new products, such as ETFs on secondary cryptos. The battle promises to be tough, but opportunities for innovation remain abundant.
In the meantime, Ethereum and Bitcoin continue to write history with a duo that does not go unnoticed.
Thus, last week confirmed the growing enthusiasm for Ethereum ETFs, marked by 9 consecutive days of positive flows. A promising performance, proof that these trackers are increasingly attracting investors, despite a slow start.
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.