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S&P Global has introduced the S&P Digital Markets 50, a rules-based hybrid benchmark spanning 35 crypto-exposed equities and 15 cryptocurrencies, designed to broaden the S&P Crypto index coverage and measure links between traditional markets and onchain assets. The post Wall Street Giant S&P Just Launched a Top 50 Crypto Index – What Happens Next? appeared first on Cryptonews.

The exchange-traded fund (ETF) is the second multi-asset cryptocurrency investment vehicle approved for trading in the United States. Asset manager Hashdex expanded its Crypto Index US exchange-traded fund (ETF) to include XRP (XRP), SOL (SOL) and Stellar (XLM) following the generic listing rule change from the Securities and Exchange Commission (SEC). The Nasdaq stock exchange-listed ETF now includes five cryptocurrencies held 1:1 by the fund, including Bitcoin (BTC) and Ether (ETH), and is trading under the ticker symbol NCIQ, according to Thursday’s announcement. The SEC approved generic listing standards for ETFs in September, paving the way for a faster ETF approval process for eligible cryptocurrencies. Read more