Deep Tide TechFlow News, on December 12, the U.S. Securities and Exchange Commission (SEC) announced on December 10 that it is entering the public comment phase regarding NYSE Arca's application to list the Bitwise Dual-Currency ETF product. This product will track the two major cryptocurrency assets, Bitcoin (BTC) and Ethereum (ETH), simultaneously. Bitwise stated that this will provide investors with 'a simple way to gain balanced exposure to the two largest cryptocurrency assets in the world.'
In terms of market competition, NYSE Arca also submitted an application for listing the Bitwise 10 Crypto Index Fund on November 27, which plans to track a broader portfolio of cryptocurrency assets. Additionally, NYSE Arca applied to the SEC for listing the Grayscale Digital Large Cap Fund on October 29.
