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TU_Crypto_News @TU_Crypto_News on x 48.4K followers
Created: 2025-07-23 05:45:15 UTC
@SECGov delays launch of @Bitwise Crypto Index ETF.
The U.S. Securities and Exchange Commission (SEC) approved—but immediately suspended—Bitwise’s plan to convert its Bitwise XX Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF).
The fund could have become the first multi-asset crypto ETF in the U.S. with $XXXX billion in assets.
The launch was delayed due to an additional SEC review under Rule 431(e). #SEC, #Bitwise, #ETF, #BITW, #CryptoNews
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