SEC Approves Combined Bitcoin Ethereum ETF

SEC Approves Combined Bitcoin Ethereum ETF

Bitwise got initial approval for its combined Bitcoin Ethereum ETF details are finalizing as we speak.

Bitwise's 19B-4 filing has been approved for its Bitcoin-Ethereum ETF

The proposed Bitwise Bitcoin and Ethereum ETF will hold both spot bitcoin (BTCUSD) and spot ether (ETHUSD) weighted according to their market capitalizations, providing investors balanced exposure to the top two cryptocurrencies.

The US SEC has fast-tracked approval for Bitwise's Bitcoin and Ethereum ETF in just 45 days, skipping the usual 240-day review process.

The Bitwise fund still needs an approval for its pending registration application known as an S-1 both steps are required to start trading.

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