Today news
About the same in other media
Bitwise will pursue Bitcoin spot ETF, since investors ‘better served’ by spot exposure
Reading now: 363
The launch of the very first Bitcoin ETFs in the US was marked by widespread excitement and record-breaking numbers. This was also followed by a number of asset management firms flocking to the SEC with their own applications for a Bitcoin Futures-backed ETF, with varying degrees of creativity.
However, what most enthusiasts have really been waiting for all along is a spot-based Bitcoin ETF that tracks the cryptocurrency’s price in real-time.
In solidarity with this request, Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF), while remaining bullish on the need for a spot Bitcoin ETF, according to a Twitter announcement by Bitwise CIO Matt Hougan.
While noting that the firm’s
Read more on ambcrypto.comAbout this in other media
VanEck’s Bitcoin spot ETF shunt solidifies SEC’s outlook on crypto cointelegraph.com /3 years ago
Bitcoin falls almost 20% since October high economictimes.indiatimes.com /3 years ago
Finns fear migrants will be sent to their border with Russia euronews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
