The US Securities and Exchange Commission has granted initial approval to the “Bitwise Bitcoin and Ethereum ETF.”
The crypto market has increased by 0.4% to $3.57 trillion over the last 24 hours but is still 1.4% below last week's levels. Cryptocurrencies are slowly and rather erratically climbing out of the dip they fell into on Monday. The market remains sensitive to negative news but is recovering cautiously, avoiding excessive optimism.
As crypto ETFs filings surged after Gensler's exit, we reflect on the performance of Bitcoin ETFs one year after their approval by the SEC.
The SEC has expedited the approval of Bitwise's combined $BTC and $ETH ETF, marking a stark contrast from the Gensler SEC's waiting period for approving similar offerings.
The Bitwise fund's asset allocation reflects market capitalization proportions, comprising 83% Bitcoin and 17% Ethereum.
Key Takeaways Trump signed an executive order on digital assets, seeking recommendations on regulations and possibly setting up a digital stockpile.The SEC has already become more friendly to the crypto industry by rescinding SAB 121,
The U.S. Securities and Exchange Commission (SEC) gave the green light for NYSE Arca to list and trade shares of Bitwise's Bitcoin and Ethereum exchange-traded fund (ETF). The approval was granted on an "accelerated basis," signifying a positive step for the cryptocurrency market within the regulatory landscape.
The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalization. The structure of the fund will be similar to existing ETFs that hold either bitcoin or ether directly.
The Securities and Exchange Commission has approved part of an application by Bitwise Asset Management for a combined bitcoin (BTC-USD) and ether (ETH-USD) exchange-traded fund. The proposed Bitwise Bitcoin and Ethereum ETF will hold both spot bitcoin (BTC-USD) and spot ether (ETH-USD) weighted according to their market capitalizations,
Cryptocurrency has transitioned from a niche digital curiosity to a global financial powerhouse. In 2025, this digital revolution continues to evolve, presenting both challenges and exciting opportunities for investors.
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