Today news
About the same in other media
Bitwise will pursue Bitcoin spot ETF, since investors ‘better served’ by spot exposure
Reading now: 668
ambcrypto.comThe launch of the very first Bitcoin ETFs in the US was marked by widespread excitement and record-breaking numbers. This was also followed by a number of asset management firms flocking to the SEC with their own applications for a Bitcoin Futures-backed ETF, with varying degrees of creativity.
However, what most enthusiasts have really been waiting for all along is a spot-based Bitcoin ETF that tracks the cryptocurrency’s price in real-time.
In solidarity with this request, Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF), while remaining bullish on the need for a spot Bitcoin ETF, according to a Twitter announcement by Bitwise CIO Matt Hougan.
While noting that the firm’s
Read more on ambcrypto.comAbout this in other media
El Salvador's dollar debt dives on Bitcoin bond plans cointelegraph.com /3 years ago
Invesco exec reveals reasons for dropping Bitcoin futures ETF cointelegraph.com /3 years ago
El Salvador plans $1 billion in tokenised Bitcoin bonds economictimes.indiatimes.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
