BlockBeats news, on November 27, according to official news, Bitwise announced that the New York Stock Exchange (NYSE Arca) has submitted an application to launch a Bitwise exchange-traded product (ETP) that will cover investments in both spot Bitcoin and Ethereum, weighted by market capitalization. According to the documents, this ETP will directly hold these two assets.
The launch of this ETP is pending the approval of the 19b-4 application and the effectiveness of the S-1 registration statement.
