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SEC Advances NYSE Arca’s Filing for Bitwise Bitcoin and Ethereum ETF
U.S. regulators are currently reviewing a proposal from NYSE Arca to list a Bitwise exchange-traded fund (ETF) that holds both Bitcoin and Ether, following a recent filing on December 10. This development marks a significant step as NYSE Arca, in partnership with Bitwise, submitted their application to the Securities and Exchange Commission (SEC) on November 26, aiming to create a spot cryptocurrency index fund comprising BTC and ETH. The proposed Bitwise Bitcoin and Ethereum ETF seeks to provide investors with balanced exposure to the two largest crypto assets by market capitalization in a user-friendly format. This ... (full story)
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- Posted: Dec 12, 2024 6:44pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 150
