ETF

Bitwise Asset Management has attempted to convince the U.S. Securities and Exchange Commission (SEC) that the market is ready to launch Bitcoin-based exchange traded funds (ETFs). It is reported by Forbes. The company presented a SEC presentation, in which it identified three main reasons for the approval of the Bitcoin ETF. According to Bitwise, this is: the efficiency of the cryptocurrency spot market, […]

Bitwise Asset Management has hired several service providers to launch its Bitcoin ETF, including BNY Mellon. This is stated in the corresponding application Bitwise Bitcoin ETF Trust on the site. BNY Mellon will be the administrator of the proposed stock exchange fund, and custodian. Foreside Fund Services will be marketing, and Cohen & Co. will audit. In Bitwise have not yet decided […]