KraneShares files for Coinbase 50 index ETF with SEC

KraneShares aims to launch the Coinbase 50 Index ETF, highlighting Bitcoin’s dominance at 50%. This application reflects a growing institutional interest and signals a shift towards regulated cryptocurrency investment, indicating a potential transformation in how digital assets are perceived.

As of June 28, 2025, Bitcoin is priced at 107,338.04 USD with a market cap of 2.13 trillion USD, capturing a 64.92% market share. Observers are closely monitoring SEC decisions, which could significantly impact cryptocurrency ETFs and broader financial markets.

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