The US Securities and Exchange Commission approved another common Bitcoin and Ether Exchange-Traded Fund (ETF) on Thursday, which allowed investors to get exposure to the two digital assets in a regulated financial product.

SEC announced that it had given quick approval to Bitwise’s Bitcoin and Ethereum ETF, just over a month after approving similar products filed by Hashdex and Franklin Templeton. Hashdex’s Crypto Index ETF gives investors exposure to a basket of different cryptocurrencies, while Franklin Templeton said it would launch its product sometime in January.

Bitwise’s product launched with New York Stock Exchange gives investors exposure to both Spot Bitcoin (BTC) and Ethereum (ETH), weighted by market value. NYSE ARCA filed a 19B-4 form with SEC last November.

Asset Management Companies have submitted a flurry of crypto-related ETF applications in recent days and are trying to take advantage of new US President Donald Trump’s administration’s promised easier touch of legislative issues.

Companies have requested ETFs that track the price of Memecoins such as Dogecoin (DOGE) and Cryptocurrencies such as Solana (SOL).

Earlier Thursday, Coinbase also filed for listing and trading Future’s products that track Solana and Hedera.

Update (31 January 2025, 01:21 UTC): Adding additional details.