🚀 Good news for crypto fans! The SEC has just approved the initial step for Bitwise's ETF tracking the price of BTC & ETH! 📈

- This ETF will help you invest in BTC & ETH in a single fund, with a ratio of 83% BTC and 17% ETH.

- The fund will be managed by Bitwise, Coinbase will act as the custodian, and Bank of New York Mellon will be the administrator.

- This is the 3rd BTC & ETH ETF approved by the SEC after Hashdex and Franklin Templeton.

- Bitwise is also planning for a memecoin ETF, including DOGE! 🐶

What do you think about this development? Share your thoughts! 💬