#TrendTradingStrategy The US Securities and Exchange Commission (SEC) has made significant strides in approving various cryptocurrency-related ETFs. Here are the key developments¹ ² ³:

- *Spot Bitcoin ETF Approval*: The SEC approved 11 spot Bitcoin ETF applications from issuers like BlackRock, Grayscale, ARK 21Shares, and Fidelity, marking a potential watershed moment for the crypto industry. This approval allows investors to indirectly own Bitcoin through these ETFs.

- *Bitcoin and Ethereum ETFs*: The SEC has also approved dual Bitcoin and Ethereum ETFs, introduced by Hashdex and Franklin Templeton. These ETFs provide institutional investors with simplified access to the two largest cryptocurrencies.