Bitwise Asset Management has just submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for a new ETF fund based on its 10 Crypto Index Fund. 🌟

This ETF fund includes the top 10 cryptocurrencies: Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Chainlink, Bitcoin Cash, Polkadot, and Uniswap.

- Bitcoin accounts for 75.1% of the index, Ethereum 16.5%, Solana 4.3%.

- XRP, Cardano, Avalanche, Chainlink, Bitcoin Cash, Polkadot, and Uniswap make up the remainder.

The fund will use price data from CF Benchmarks and Coinbase Custody will oversee the cryptocurrency assets. The SEC has received the application but has not yet set a decision timeline. 🚀