#BTCOutlook The US Securities and Exchange Commission (SEC) has approved the first exchange-traded funds (ETFs) that combine bitcoin (BTC) and ether (ETH), the native currency of Ethereum, two of the market’s major digital assets.

The new financial products were ordered by investment firms Hashdex and Franklin Templeton.

According to the SEC, Franklin Templeton’s updated application, filed on December 18, was approved through an “expedited” process.

The Hashdex ETF will be available on the Nasdaq Stock Exchange, while the Franklin Templeton ETF will be available on the Cboe BZX exchange.

The approval was based on amended documents that the SEC said were “substantially similar” to the Bitcoin Spot ETF and Ether Spot ETF previously approved in January and May of this year.

Although this similarity allowed the regulator to simplify the evaluation process for both applications.