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
Latest News
- Tornado Cash Co-Founder Roman Storm’s Trial May Face Delays Amid Witness Exclusion Motions2025-07-10 20:45:44
- Coinbase Market Data Could Enhance Perplexity AI’s Answer Engine With COIN50 Index Integration2025-07-10 20:14:46
- US Strategic Bitcoin Reserve Initiation May Influence Global Crypto and Monetary Policies2025-07-10 20:00:09
- Bitcoin Accumulation Trends Suggest Potential Path Toward $130,900 Amid Rising Investor Activity2025-07-10 19:59:44
- Bitcoin Price Nears $114,000 as Exchange Supply Declines, Indicating Possible Long-Term Holder Confidence2025-07-10 19:58:56