Ethereum ETF Application Submitted by Bitwise

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Bitwise has submitted a spot Ethereum ETF application

Bitwise, one of the top cryptocurrency asset managers, has filed an S-1 form with the U.S. Securities and Exchange Commission in order to launch a spot-based Ethereum ETF.

If approved, the Bitwise Ethereum ETF will be listed on the NYSE Arca. The proposed product intends to provide direct exposure to the value of the largest altcoin held by the Trust with Coinbase Custody.

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