🚀 Exciting news for Bitcoin enthusiasts! Bitwise Asset Management has submitted a proposal to the SEC for a new ETF based on its 10 Crypto Index Fund, with a whopping 75.1% allocation to Bitcoin! 🎉
This ETF aims to give investors indirect exposure to top cryptocurrencies, but Bitcoin remains the star of the show, holding the lion's share of the index. With Ethereum and Solana trailing behind, BTC continues to dominate the crypto space.
While the SEC's decision timeline remains unclear, Bitwise's move signals growing momentum and optimism in the Bitcoin market. Stay tuned as Bitcoin leads the charge in the evolving crypto ETF landscape! 🌟