FYI: Stop me if you’ve heard this one before: a company files with the Securities and Exchange Commission for a bitcoin-focused exchange-traded fund, the agency says “no,” and crypto fans once again are disappointed.
Bitwise Asset Management hopes to change that story line with Thursday’s filing of an initial registration statement with the SEC for a physically held bitcoin ETF that would track the Bitwise Bitcoin Total Return Index created by Bitwise Index Services LLC, a cryptocurrency index and research shop that’s a subsidiary of San Francisco-based Bitwise Asset Management.
Regards,
Ted
https://www.fa-mag.com/news/bitwise-hopes-to-crack-sec-code-with-proposed-bitcoin-etf-42695.html?print
