The United States Securities and Exchange Commission (SEC) has taken the next steps in considering the proposed Bitcoin exchange-traded fund (ETF) bids by Franklin Templeton and Hashdex. The agency has requested written comments on both proposals, giving a 35-day open period for comments and responses. The SEC is particularly interested in issues related to potential ETF approval, such as susceptibility to manipulation and the size of the hosting exchanges. Franklin Templeton’s proposal involves a surveillance sharing agreement with Coinbase, while Hashdex’s proposal is more complex, relying on the Chicago Mercantile Exchange (CME) for pricing. Commenters are also asked to assess the liquidity and size of the CME. Overall, the SEC is seeking input on various aspects of the proposed ETFs before making a decision.

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Information	Details
Geography	North America
Countries
Sentiment	neutral
Relevance Score	1
People	None
Companies	Franklin Templeton, United States Securities and Exchange Commission, Hashdex, Coinbase, New York Stock Exchange Arca, Cboe BZX, Toroso Investments, CME
Currencies	Bitcoin
Securities	None