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CryptoMaXia
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Hi Traders

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Here’s Why Bitwise CEO Wants the SEC to Postpone Approval of Ethereum ETFs Bitwise, the newest Ethereum ETF applicants, argues that the industry's focus on Bitcoin products may hinder the growth of ETH ETFs. Bitwise Asset Management, a provider of cryptocurrency index funds, wants the U.S. Securities and Exchange Commission (SEC) to defer approval for a spot Ethereum Exchange-Traded Fund (ETF) until December. Bitwise Chief Investment Officer Matt Hougan told Forbes in an interview that the industry’s focus on Bitcoin-related products may hinder the necessary attention required for the development and approval of an Ethereum ETF. Spot Bitcoin ETF Success and Market Readiness The move comes in the wake of the company’s achievement with the Bitwise Bitcoin ETF (BITB), introduced on January 11, amassing over $2 billion in assets under management, positioning it as the fifth largest in the market. Hougan reflected on the rapid growth of such financial products, “These spot Bitcoin ETFs are the fastest-growing ETFs of all time by a large fraction,” he remarked. He further highlighted the diverse investor groups expressing interest, encompassing retail investors, independent financial advisors, hedge funds, venture capital funds, family offices, and corporate entities. He emphasized that the market’s enthusiasm for spot Bitcoin ETFs has surpassed initial forecasts, signaling a demand for crypto-focused investment instruments. However, despite the success of spot Bitcoin ETFs, Bitwise believes that Ethereum deserves equal attention. Hougan expressed confidence in the Ethereum ecosystem’s potential for growth, particularly with recent upgrades like the Dencun upgrade, which he views as a catalyst for a surge in innovative applications. He emphasized the need for investors to broaden their horizons beyond Bitcoin. 🎁Free Claim 🐸1000000 $PEPE please check below reposted post 👇👇👇👇👇👇👇. Everyone can win...!!!!. 👇👇👇👇 #PEPEGrowth #ETHETFNews #Ethereum✅ #CryptoNews🚀🔥 #btchalving2024
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FUD 🤜 FOOL 01 April 1. MICROSTRATEGY sold out All Bitcoins 2. Satoshi Nakamoto market manipulation 3. Grayscale invest more than 10 Billion dollars. 4. Not approval for All Ethereum ETF Crypto whales start a FUD for buy more coin in deeply price. please be patients.!!! Market increases again wonderfully. #Memecoins #BullorBear #CryptoNews🚀🔥 #btchalving2024 #ETHETFNews 🐸🐸🐸1000000 $PEPE Frre claim now. 🎁🎁🎁 check my this post now👇👇👇👇
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Who set #shiba-inu on the right path upon its birth? Vitalik did, when he burned half of the supply. $SHIB Up to this moment, the entire Shiba community takes pride in this event and is grateful for Vitalik's actions. Therefore, we say to him, continue leading the march and guide Shiba along the right path. Utilizing Shiba as gas for the #Ethereum✅ blockchain will undoubtedly create a significant buzz within the cryptocurrency realm. #PEPEGrowth #Memecoins #CryptoNews🚀🔥 🐸 1000000 $PEPE claim free 🎁 click below post 👇👇👇👇 now market pepe price low nice opportunity for claim pepe. everyone can win.!👇👇👇🐸🐸🐸
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