Bitwise Asset Management has filed a new ETF proposal with the SEC, based on their 10 Crypto Index Fund. 🎉
- This ETF includes 10 top cryptos: Bitcoin, Ethereum, Solana, and more. So, it’s like a crypto fruit salad, but without the avocado! 🍉
- Bitcoin dominates with 75.1%, while Ethereum and Solana have 16.5% and 4.3%, respectively. The rest? As condiments!
- Coinbase Custody will hold the crypto, and Bank of New York Mellon will handle the cash. Safe, right?
- Bitwise is getting excited, just hitting $10 billion AUM. Who says crypto can’t make you rich?
- Trump gets re-elected, Gensler says goodbye. Is this a good sign for crypto ETFs? Comment below!