Bitwise Chief Investment Officer Matt Hougan said there are three reasons why an Ethereum ETF could have a greater impact on the asset’s price than a Bitcoin ETF would on BTC.
JinseFinanceCurrently, the only other spot Crypto ETFs pending approval are VanEck and 21Shares’ spot Solana (SOL) ETFs.
JinseFinanceThis prediction reflects the growing demand for ETFs, as evidenced by the recent positive inflows into the U.S. Bitcoin ETF market.
JinseFinanceThis stems from regulatory caution due to increased interest in investing in Crypto assets and complex market dynamics.
JinseFinanceBitwise CIO Matt Hougan’s comments come as Merrill Lynch and Wells Fargo have begun offering spot Bitcoin ETFs to their wealth clients.
JinseFinanceBitwise's spot Bitcoin ETF sets a precedent with transparent holdings' addresses. Will other ETFs, like BlackRock, follow suit? Positive community response and philanthropy amplify Bitwise's impact in the crypto space.
EdmundThis move follows a similar announcement made on January 6 by VanEck, stating its intention to donate 5% of the profits from the Bitcoin Spot ETF to Bitcoin developers.
AlexAs major players like VanEck, Bitwise, and BlackRock make strategic moves, the Bitcoin ETF landscape is witnessing significant developments. While fee structures are becoming competitive, the commitment to supporting core developers adds an interesting layer to these financial maneuvers.
BerniceBlackRock and Bitwise revise Bitcoin ETF applications, signaling a proactive stance in aligning with SEC regulations.
Xu LinBlackRock and Bitwise have submitted revised spot Bitcoin ETF applications to the SEC, signaling ongoing discussions. BlackRock's updated filing includes language on monitoring price movements and anti-money laundering compliance. Bitcoin's recent surge adds to speculation about potential SEC approval, with the cryptocurrency currently trading near $42,000.
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