US SEC Acknowledges Bitwise Bitcoin Spot ETF Amendment for Physical Redemptions
2025-07-10 01:22:20
Main Idea
The U.S. SEC has acknowledged Bitwise's amendment for its Bitcoin and Ethereum spot ETF, which includes provisions for physical redemptions, highlighting ongoing scrutiny of cryptocurrency-based ETFs.
Key Points
1. The U.S. SEC acknowledged Bitwise's amendment for its Bitcoin and Ethereum spot ETF.
2. The amendment includes provisions for physical redemptions.
3. Bitwise aims to enhance liquidity and investor transparency through physical redemption mechanisms.
4. Market participants and analysts will monitor the SEC's response to the amendment.
Description
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the submission of Bitwise’s amendment for its Bitcoin and Ethereum spot ETF, which notably includes provisions for physical redemptions. This
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