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🌙 SEC Approves First Hybrid Bitcoin-Ethereum ETFs From Hashdex, Franklin Templeton

🌙 SEC Approves First Hybrid Bitcoin-Ethereum ETFs From Hashdex, Franklin Templeton

Following multiple review extensions since June, the regulator has approved the first dual Bitcoin-Ethereum ETFs.

Mike Gavela
December 20, 2024

Crypto Roundup - December 20

The U.S. Securities and Exchange Commission (SEC) has approved the first hybrid Bitcoin-Ethereum exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, marking a significant milestone in cryptocurrency investment products. In a notable development within the crypto and free speech communities, video-sharing platform Rumble secured a $775 million investment from Tether, the issuer of the USDT stablecoin, to fuel growth and enhance stockholder liquidity. Additionally, Haliey Welch, associated with the HAWK memecoin, has announced her cooperation with legal teams investigating the token's recent 95% crash, aiming to hold responsible parties accountable.

Top Stories

SEC approves first hybrid Bitcoin-Ethereum ETFs from Hashdex and Franklin Templeton.
Rumble secures $775 million investment from Tether to fuel growth and stockholder liquidity.
Haliey Welch to cooperate with legal teams after HAWK memecoin's 95% crash.

FUNDRAISING

DuckChain has successfully raised $5 million, backed by @daofive, @OffchainLabs, @KeneticCapital, @DWFVentures, @OakGroveVC, @skylandvc, @geek_cartel, @gate_io, @Presto_Labs, and others.
Angel investors from leading industry projects such as
@CamelotDEX and @Quantstamp also… x.com/i/web/status/1…
— DuckChain (@Duck_Chain)
7:01 AM • Dec 20, 2024

.@DWFLabs is supporting the Beam Nodes.
One of the most reputable and well-known investors and market makers within the cryptocurrency industry.
Seeing the potential in gaming, and our future, DWF Labs commits $250k to the Beam Node Token Mint.
Learn more.
— Beam Foundation (@BeamFDN)
8:02 AM • Dec 20, 2024

OTHER HEADLINES

Daniele Sesta's HeyAnon.AI Drove Devs to Uncover Early Presale Access - "The Defiant"

Daniele Sesta, the mind behind TIME Wonderland, is launching a new AI Agent venture on Sonic and demand for presale access grew so intense, that tech-savvy investors hacked their way into the USDC contribution pool before it had officially opened.

thedefiant.io/news/defi/daniele-sesta-s-heyanon-ai-drives-mass-demand-as-devs-hack-into-the-presale-early

A New Chapter for The HBAR Foundation

Charles Adkins, former President of Hedera, is appointed CEO.

www.hbarfoundation.org/blog-post/a-new-chapter-for-the-hbar-foundation

Bitcoin Tumble Triggered $1.4 Billion in Liquidations - Decrypt

The sudden Bitcoin plunge has now wiped out more than $1 billion worth of BTC derivatives contracts, as the price hovers at $95,000.

decrypt.co/298231/bitcoin-tumble-triggered-1-4-billion-in-liquidations

CRYPTO TWITTER (X)

JUST IN: Brian Brooks, former Acting Comptroller of the Currency under the Trump administration, has joined the MicroStrategy Board of Directors.
As Comptroller, he oversaw the federal banking system.
— Bitcoin News (@BitcoinNewsCom)
10:12 PM • Dec 20, 2024

The CEO of a venture backed Ethereum competitor that raised $400M+ stepped down just 3 years in.
There's a lot wrong with that sentence.
First, blockchains do not have CEOs. The whole point is to decentralize power.
Second, a $400M raise for a zero-sum project that rides a… x.com/i/web/status/1…
— Nick Tomaino (@NTmoney)
10:25 PM • Dec 20, 2024

JUST IN: Sam Bankman-Fried, Luigi Mangione, and Sean "Diddy" Combs are all being held in the same Brooklyn jail.
— Watcher.Guru (@WatcherGuru)
4:00 AM • Dec 20, 2024

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