#Pantera Capital plans to invest $100 million in Bitwise spot Ethereum ETF

Bitwise has filed an amended Form S-1 filing to register a spot Ethereum ETF.

The fund's initial capital is $2.5 million, according to the papers.

The firm also noted that Pantera Capital plans to buy $100 million worth of shares in the product.

Venture capital firm Pantera Capital intends to invest $100 million in Bitwise's spot Ethereum ETF as soon as it comes to market. This is according to the vendor's amended filing with the US Securities and Exchange Commission.

The information was confirmed by Bloomberg Intelligence analyst James Seyffart:

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