Bitwise Prepares for Potential Uniswap ETF with Trust Registration
- Bitwise has registered a Delaware statutory trust for a potential Uniswap-linked ETF, as per state records.
- The SEC closed its investigation into Uniswap Labs in February, part of a broader reduction in crypto enforcement.
- Analysts highlight that any ETF review will focus on market structure, liquidity, and custody rather than protocol legality.
- Uniswap’s decentralized exchange processed approximately $859 million in trading volume over the past day.
Bitwise’s registration of a trust for a potential Uniswap-linked ETF is seen as a strategic move following the closure of the SEC’s investigation into Uniswap Labs. Analysts suggest that future reviews will prioritize market integrity and liquidity considerations.
With Uniswap showing strong on-chain liquidity, Bitwise’s move sets the stage for possible advancements in ETF filings, focusing on custody and operational risks tied to smart contracts. (Source)
