Ethereum ETF Showdown: Bitwise Throws its Hat in the Ring alongside Fidelity!
Bitwise, following its successful launch of a spot Bitcoin ETF, has now filed for a spot Ethereum ETF with the SEC. The potential listing, set for the NYSE, aims to replicate SEC-approved methodology, showcasing strong correlation between ETH spot and CME ETH futures markets. Despite recent SEC delays, industry experts remain optimistic, with Bitwise's CIO projecting potential approval by late May. Stay tuned for more updates!