The post Crypto News : Bitwise Follows BlackRock’s Lead, Reapplies for Bitcoin Spot ETF appeared first on Coinpedia Fintech News
Bitwise Asset Management has announced the refiling of its application for a Bitcoin spot exchange-traded fund, or ETF.
This move comes in the wake of BlackRock, the world’s largest asset manager, also expressing its interest in a Bitcoin ETF.
Bitwise Makes a Comeback and Refiles Application for Bitcoin Spot ETF
During last year’s June application period, the U.S. Securities and Exchange Commission, or SEC, rejected the previous application.
The SEC had cited concerns regarding the lack of proper surveillance-sharing, protection against market manipulation, and the size of the relevant market when rejecting Bitwise’s earlier ETF application.
However, the SEC had acknowledged the potential for future applications to address these concerns, and Bitwise is now seeking to demonstrate its compliance in its latest filing.
In our latest filing, we have
We współpracy z: https://coinpedia.org/news/crypto-news-bitwise-follows-blackrocks-lead-reapplies-for-bitcoin-spot-etf/
