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Eleven cryptocurrency ETFs were submitted to the SEC by Bitwise, targeting various altcoins for investment
Bitwise has filed for 11 crypto Exchange Traded Funds (ETFs) with the US Securities and Exchange Commission to give exposure to altcoins such as Aave, Zcash, and Ethena. While institutional interest is shifting towards altcoins, Bitcoin’s market dominance remains at approximately 60%, indicating a low probability for an altcoin season. Pi Network (PI) is showing a gradual increase, gaining nearly 1% at press time, following a 0.40% rise from the previous day. The data reflects growing social interest in Pi Network, and a technical analysis points to a potential price rebound supported by a Morning Star pattern. ... (full story)
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