Bitwise proposes to launch crypto ETF

Launch of Crypto ETF

The Bitwise has proposed for the launch of an exchange-traded fund (ETF) under the regulation of U.S. Securities and Exchange Commission (SEC). The ETF is security to track a set of assets. The company seeks to track multiple assets while many companies have applied for Bitcoin-only ETFs. The SEC has also recently reacted over the Bitcoin ETF application filed by Direxion.

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