NYSE Arca has filed with the U.S. Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) managed by Bitwise Asset Management that includes a basket of 10 cryptocurrencies. Bitwise says converting the fund into an ETP is the most efficient way to gain exposure to crypto. ETPs offer benefits such as regulatory protections and increased shareholder efficiency. The move is part of Bitwise’s efforts to convert its $1.3 billion trust into an ETP structure. Share your thoughts in the comments.