The US Securities and Exchange Commission has granted initial approval to the “Bitwise Bitcoin and Ethereum ETF.”

The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalization. The structure of the fund will be similar to existing ETFs that hold either Bitcoin or Ether directly.

Key Takeaways Trump signed an executive order on digital assets, seeking recommendations on regulations and possibly setting up a digital stockpile.The SEC has already become more friendly to the crypto industry by rescinding SAB 121,

The U.S. Securities and Exchange Commission (SEC) gave the green light for NYSE Arca to list and trade shares of Bitwise's Bitcoin and Ethereum exchange-traded fund (ETF). The approval was granted on an "accelerated basis," signifying a positive step for the cryptocurrency market within the regulatory landscape.

Miller Value Partners, led by Bill Miller IV, acquired 50,250 shares of MicroStrategy Inc. (NASDAQ:MSTR) during the third quarter of 2024, a move that has yielded lower returns compared to Bitcoin (CRYPTO: BTC) exchange-traded funds,

U.S. President Donald Trump's trade tariff threat on global trade has increased the appeal of Bitcoin and gold. Trump stated

The SEC's “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid Bitwise's Bitcoin and Ethereum fund.

Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations,

NYSE Arca, a subsidiary of the New York Stock Exchange, took a significant step toward converting Grayscale's XRP Trust into a spot exchange-traded fund (ETF). The move was initiated through the submission of a 19b-4 filing, indicating a formal proposal for the conversion process.

The U.S. Securities and Exchange Commission (SEC) has expedited approval for Bitwise Asset Management's Bitcoin and Ethereum exchange-traded fund (ETF). This decision allows the ETF to be listed and traded on NYSE Arca, marking a major milestone for crypto-based investment products.

Grayscale Investments has filed to convert its $16 million XRP Trust into an NYSE-listed ETF, joining five other firms awaiting approval amid rising trading volumes and potential government interest in the digital asset.