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
- VeChain’s VET May See Increased Adoption Through Wanchain Cross-Chain Bridge Integration2025-07-10 18:32:40
- SEC DELAYS GRAYSCALE SPOT AVALANCHE ETF2025-07-10 18:19:39
- US Treasury Considers Repealing Bitcoin Tax Reporting Rule, Signaling Potential Shift in Crypto Policy2025-07-10 18:07:14
- Bitcoin Breaks $114,000 Could Trigger $956 Million Short Liquidation on Major CEX Platforms2025-07-10 17:53:18
- Bitcoin Nears New Highs Amid ETF Demand and Trade Tension Concerns2025-07-10 17:52:57