U.S. SEC approves 'Bitwise 10 Crypto Index ETF'

Source
Uk Jin

Summary

  • The U.S. SEC announced it has given final approval for the listing of the 'Bitwise 10 Crypto Index ETF'.
  • It said the ETF tracks an index composed of major crypto assets such as Bitcoin, Ethereum, XRP, and Solana.
  • NYSE Arca said that shares of the ETF will be listed and traded.
photo=Shutterstock
photo=Shutterstock

The U.S. Securities and Exchange Commission (SEC) has allowed the listing of the 'Bitwise 10 Crypto Index exchange-traded fund (ETF)'.

On the 21st (local time), according to its official website, the SEC amended New York Stock Exchange Arca (NYSE Arca) Rule 8.500-E (Trust Units), and gave final approval to the proposal to list and trade shares of the Bitwise 10 Crypto Index ETF.

The product is an ETF that tracks the 'Bitwise 10 Large-Cap Crypto Index', composed of Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and others.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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