🚀 Bitwise is making waves with its latest move to launch a 10 Crypto Index Fund ETF! The New York Stock Exchange Arca has filed to list this fund, giving investors a chance to indirectly dive into the crypto pool. 🏊♂️
- The fund is heavily weighted towards Bitcoin (BTC) and Ether (ETH), with a sprinkle of Solana (SOL), Ripple (XRP), and others.
- Coinbase Custody will handle the crypto assets, while Bank of New York Mellon takes care of the cash.
With the SEC acknowledging the submission, the crypto world waits with bated breath. Will this be the next big splash? Stay tuned!