The Securities and Exchange Commission (SEC) has approved the conversion of Bitwise's 10 Crypto Index Fund into an exchange-traded fund (ETF). This newly approved ETF will include a diverse range of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), Sui (SUI), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Polkadot (DOT).
The approval marks a significant development in the cryptocurrency market, providing investors with broader access to a diversified portfolio of digital assets through a regulated financial product. This move is expected to enhance the appeal of cryptocurrency investments among institutional and retail investors alike.
SEC Approves Bitwise's 10 Crypto Index Fund Conversion to ETF
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