@umair6467

⚡️ SEC delays launch of Bitwise Crypto Index ETF The U.S. Securities and Exchange Commission (SEC) approved—but immediately suspended—Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF). ❗️ The fund could have become the first multi-asset crypto ETF in the U.S. with $1.68 billion in assets. The launch was delayed due to an additional SEC review under Rule 431(e).

0 reply

3 recasts

1 reaction