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rezakhan1364
@rezakhan1364
SEC approves Bitwise’s Bitcoin-Ethereum ETF The U.S. Securities and Exchange Commission (SEC) on Thursday accelerated its review process, granting Bitwise’s combined Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) a listing on the NYSE Arca exchange. The fund, which will invest 83% in Bitcoin and 17% in Ethereum, will allow investors to invest directly in both cryptocurrencies. Coinbase will be responsible for custodianship of the fund’s assets. The SEC’s swift approval reflects the Trump administration’s positive approach to the cryptocurrency industry. Bitwise has also recently filed similar applications for ETFs for Dogecoin (DOGE), Ripple (XRP) and Solana (SOL).
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