Bitcoin ETF Approval SEC Greenlights Bitwise

SEC Approves Bitwise Spot Bitcoin and Ethereum ETF

• The SEC approved Bitwise’s Bitcoin and Ethereum ETF, allowing exposure to both assets.
• This approval follows similar products from Hashdex and Franklin Templeton.
• Bitwise’s ETF is launched with the New York Stock Exchange.
• NYSE Arca filed a 19b-4 form for this ETF in November.
• Asset management firms are filing numerous crypto-related ETF applications.

The SEC granted accelerated approval to Bitwise’s Bitcoin and Ethereum ETF, which offers exposure to both digital assets through the New York Stock Exchange. This decision comes shortly after similar approvals for products by Hashdex and Franklin Templeton.