The US financial regulator is soliciting comments on NYSE’s application to list Bitwise’s cryptocurrency index ETF.
United States regulators are soliciting comments on securities exchange NYSE Arca’s request to list a Bitwise exchange-traded fund (ETF) holding both Bitcoin (BTC) and Ether (ETH), according to a Dec. 10 filing.
On Nov. 26, Bitwise and NYSE submitted filings to list the ETF to the Securities and Exchange Commission (SEC). Now, the SEC is advancing the application to the next stage by soliciting comments from the industry, the filing said.
The Bitwise Bitcoin and Ethereum ETF is a proposed spot cryptocurrency index fund comprising BTC and ETH. It aims to “give investors balanced exposure to the two largest crypto assets in the world in an easy-to-access format,” the asset manager said in a Nov. 26 post on the X platform.
Source: Bitwise
