[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.]  CoinPhoton [@coinphoton](/creator/twitter/coinphoton) on x 2630 followers Created: 2025-07-22 23:46:52 UTC SEC pauses approval of Bitwise crypto ETF shortly after greenlight The U.S. Securities and Exchange Commission (SEC) initially granted accelerated approval on July XX for Bitwise’s proposal to convert its Bitwise XX Crypto Index Fund (ticker: BITW) into an exchange-traded fund (ETF). However, just hours later, Assistant Secretary Sherry R. Haywood issued a stay on the order, stating the Commission would review the delegated decision under Rule XXX. BITW tracks a market-cap-weighted basket of assets including BTC, ETH, XRP, SOL, and Polkadot. The pause mirrors a similar move the SEC made earlier this month with a Grayscale ETF proposal. Amid a more crypto-friendly regulatory environment under President Donald Trump, the SEC is also reviewing a range of other crypto ETF proposals — including ones tied to SOL and DOGE. #Bitwise #ETF #SEC #CryptoNews #Trump #BITW #Grayscale XXX engagements  **Related Topics** [ticker](/topic/ticker) [fund manager](/topic/fund-manager) [Post Link](https://x.com/coinphoton/status/1947805575045366186)
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CoinPhoton @coinphoton on x 2630 followers
Created: 2025-07-22 23:46:52 UTC
SEC pauses approval of Bitwise crypto ETF shortly after greenlight
The U.S. Securities and Exchange Commission (SEC) initially granted accelerated approval on July XX for Bitwise’s proposal to convert its Bitwise XX Crypto Index Fund (ticker: BITW) into an exchange-traded fund (ETF). However, just hours later, Assistant Secretary Sherry R. Haywood issued a stay on the order, stating the Commission would review the delegated decision under Rule XXX.
BITW tracks a market-cap-weighted basket of assets including BTC, ETH, XRP, SOL, and Polkadot. The pause mirrors a similar move the SEC made earlier this month with a Grayscale ETF proposal.
Amid a more crypto-friendly regulatory environment under President Donald Trump, the SEC is also reviewing a range of other crypto ETF proposals — including ones tied to SOL and DOGE. #Bitwise #ETF #SEC #CryptoNews #Trump #BITW #Grayscale
XXX engagements
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