[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
AskToRahulSingh©️ @AskToRahulSingh on x 6254 followers
Created: 2025-07-23 15:43:03 UTC
The #SEC has released multiple crypto #ETFs updates this week, signaling shifting regulatory priorities.
SEC Approves, Immediately Pauses Bitwise's Bid to Convert ¢BITW Crypto Index Fund to ETF...
WHAT TO KNOW :-
✔️The SEC approved Bitwise’s plan to convert its crypto index fund BITW into an ETF, but immediately put the decision on hold.
✔️BITW holds more than XX% of its assets in bitcoin and ether, with the remaining allocation spread across eight other major altcoins.
✔️The pause follows a similar action on Grayscale’s multi-asset crypto fund and comes amid several new ETF filings and reviews this week.
The Securities and Exchange Commission approved — then abruptly paused — Bitwise’s plan to convert its Bitwise XX Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) on Tuesday, raising fresh uncertainty around the agency’s standards for crypto ETFs.
XXX engagements
Related Topics fund manager sec bitcoin coins layer 1 coins bitcoin ecosystem coins pow