Bitwise Asset Management is going to launch its XRP exchange-traded fund on Thursday morning, right after the New York Stock Exchange opens for trading. The fund will be listed under the ticker “XRP,” which is the same as the cryptocurrency, thus resulting in a debate within the digital asset community.
Bitwise’s planned exchange-traded fund (ETF) tracking Chainlink pushed a step closer this week when it appeared in an important regulatory database. The Bitwise Chainlink ETF was in the Depository Trust and Clearing Corporation registry, signalling that approval is nearing. This all comes as dozens of cryptocurrency investment vehicles are awaiting
Bitwise, an asset manager, is preparing its highly awaited spot ETF for Dogecoin by submitting its fourth amendment to the US Securities and Exchange Commission (SEC) in November. The amended S-1 filing notes key information, including the fees for the ETF to be competitive at 0.34%, and the ticker symbol
Matt Hougan, CIO at Bitwise Asset Management, is pushing back against the usual idea that crypto moves in strict four-year cycles. In a recent breakdown, he told investors to brace for a longer bull run this time, one that could roll right through 2025 and maybe even past that. This
SEC Hits Pause on Bitwise ETF Conversion The U.S. Securities and Exchange Commission (SEC) has again put the brakes on the crypto market’s ETF hopes. This time by putting on hold a decisive decision on Bitwise’s planned transformation of its flagship index fund into an exchange-traded fund (ETF). This action
The world’s largest crypto index fund manager, Bitwise, reveals that Ethereum now manages more institutional stablecoin flows than retail trades. Ethereum is now not only for non-fungible tokens and decentralized finance degens anymore. Bitwise Europe released a new analysis in which it mentions that the base layer of the network
Bitwise, the world’s first and largest crypto index fund manager, has submitted a Form S-1 application to the US Securities and Exchange Commission for a spot NEAR exchange-traded fund. On May 6, the fund manager placed NEAR, a layer-1 blockchain, on the list of cryptocurrencies demanding an ETF approval. The
Bitwise’s Chief Investment Officer, Matt Hougan, shared his view on Trump’s US crypto reserve. Despite initial plans to include various altcoins, Donald Trump’s proposed cryptocurrency reserve will likely end up being almost exclusively Bitcoin, according to Bitwise CIO Matt Hougan. Hougan highlights that the market’s initial negative reaction to the
Nasdaq has submitted a key 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list and trade Grayscale’s spot Hedera (HBAR) exchange-traded fund (ETF). The move marks the second step in the SEC’s approval process. Once acknowledged, the filing will be published in the Federal Register, triggering the
Bitwise Asset Management has taken a notable step towards launching an exchange-traded fund (ETF) dedicated to Aptos (APT) by filing for a Delaware trust. This makes Bitwise the first asset manager to pursue an Aptos ETF. The filing with Delaware’s Division of Corporations on February 25 is a preliminary step
