Bitwise Files With US Securities and Exchange Commission to Launch Crypto ETF

Digital asset manager Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) to launch a regulated exchange-traded fund (ETF) for cryptocurrency, according to a July 24 press release.

The Bitwise HOLD 10 Cryptocurrency Index will include 10 cryptocurrencies, and will track the Bitwise HOLD 10 Private Index Fund that was founded in November. According to the press release, the HOLD 10 Index captures around 80 percent of total market capitalization of the cryptocurrency market.
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