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![AskToRahulSingh Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::877080356649750530.png) AskToRahulSingh©️ [@AskToRahulSingh](/creator/twitter/AskToRahulSingh) on x 6253 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.

![](https://pbs.twimg.com/media/GwjZsM0XIAA4PVk.jpg)

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[Post Link](https://x.com/AskToRahulSingh/status/1948046208020218118)