SEC approves the Bitwise Bitcoin and Ethereum exchange-traded fund

Key takeaways

• The U.S. SEC has authorised a spot Bitcoin and Ethereum ETF.
• The iDEGEN presale ends in 25 days, with practically $19 million raised. 

SEC Approves Bitwise’s Bitcoin and Ethereum ETF

The US Securities and Trade Fee (SEC) has authorised the launch of the Bitwise Bitcoin and Ethereum exchange-traded fund (ETF). The fund offers traders publicity to each spot bitcoin (BTC) and Ethereum (ETH).

This newest improvement comes roughly a month after the SEC authorised related merchandise filed by Hashdex and Franklin Templeton. Hashdex’s Crypto Index ETF offers traders publicity to a basket of various cryptocurrencies. In the meantime, Franklin Templeton intends to launch its product quickly. 

What’s iDEGEN?

With a crypto-friendly SEC, cryptocurrency corporations at the moment are launching merchandise for purchasers in the US. An necessary challenge traders might maintain tabs on is iDEGEN, because it blends the AI and memecoin narrative.

iDEGEN is a meme challenge that leverages the advantages of AI to create the subsequent billion-dollar memecoin. The challenge is presently in its presale and can use the cash raised from traders to launch a number of services and products. 

In response to the group, iDEGEN is an AI device that primarily capabilities as such. It constantly evolves and adapts by leveraging group feeds on X. Whereas iDEGEN is powered by AI, degens finally increase the device. 

The $IDGN token powers varied actions inside the iDEGEN ecosystem. Its launch as a memecoin is strategic due to the huge rise of this narrative in the previous few days. In 2024, the memecoin ecosystem grew from a $20 billion market cap to $120 billion, representing a 500% progress inside 12 months. The trajectory in 2025 is promising due to the current launch of the $TRUMP memecoin by the president of the US. 

The $IDGN launch on exchanges will happen in lower than a month. As soon as it goes stay, it might develop into one of many best-performing cash within the broader crypto market. 

Within the whitepaper, iDEGEN defined that the customers feed the device their knowledge by way of tweets, tags, and feedback. The iDEGEN device absorbs the publish and provides it to its information base; that’s the way it learns. Moreover, iDEGEN posts on X each 60 minutes and may generate and publish memes. 

iDEGEN’s presale approaches $19m

The iDEGEN presale continues to achieve momentum because it enters the final three weeks earlier than the token launch. It has entered a brand new stage after elevating practically $19 million from early traders. 

Within the present stage, the $IDGN token is price $0.0161, and its worth will improve to $0.0177 within the subsequent stage. Within the final presale stage, it will likely be price $0.038, giving early traders an enormous ROI earlier than the token launches on exchanges. 

As soon as the presale ends, $IDGN will checklist on centralised and decentralised buying and selling platforms. 

Why ought to traders purchase the $IDGN token?

The iDEGEN presale ends in 25 days and will change into a wonderful challenge for traders and customers. Its distinctive worth proposition makes it an fascinating memecoin. 

iDEGEN might acquire huge adoption inside the crypto world as its device gives a wonderful use case. As an early investor, $IDGN might ship wonderful ROI within the coming weeks and months.