SEC Greenlights (Then Hits Pause On) (BITW) BITWISE ETF!
SEC Greenlights (Then Hits Pause On) BITW: What It Means For Crypto—and Your Portfolio TL;DR: The SEC briefly approved Bitwise’s plan to convert the Bitwise 10 Crypto Index Fund (ticker: BITW) into a spot ETF, then quickly hit pause. The fund still trades on OTCQX, holds 10 cryptocurrencies with Bitcoin dominating, and rebalances monthly. Long term, an eventual full approval could compress BITW’s NAV discount, pull fresh institutional capital into […]
