🚀 NYSE Arca has filed with the SEC to list Bitwise’s ETF, which will include 10 leading cryptocurrencies like BTC, ETH, SOL, XRP and more!
- Bitwise 10 Crypto Index Fund (BITW) will be an exchange-traded product (ETP).
- The portfolio consists of 75.1% BTC, 16.5% ETH, 4.3% SOL, 1.6% XRP.
ETP is considered the most efficient way to access crypto.
Bitwise CEO Hunter Horsley emphasized that ETPs provide benefits in terms of legal protection and efficiency for shareholders.
Bloomberg analyst Eric Balchunas said the move “makes sense,” but needs more information.
💬 What do you think about this? Share your opinion!