$BNB
๐ The SEC has approved an ETF for altcoins โ the market is coming alive!
๐ข Yesterday, the U.S. Securities and Exchange Commission (SEC) officially approved the conversion of the BitWise 10 Crypto Index Fund into an ETF โ it is now traded as a full-fledged exchange product.
๐ผ The fund includes:
BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, DOT
โWhat does this mean:
โ Historical precedent โ the SEC has started allowing altcoins into ETFs. This could trigger the approval of 'solo' funds for SOL, XRP, and other tokens.
โ A strong signal for investors โ altcoins from this list are already in the spotlight and may show growth soon.
โ๏ธ A wonderful morning for alt holders! ๐
ETF is a bridge between crypto and traditional finance, and now it is open not only for Bitcoin.