🚀 Exciting news in the crypto world! NYSE Arca has filed to list the $1.3 billion Bitwise 10 Crypto Index Fund as an exchange-traded product (ETP). This move aims to align market prices with the fund's true value through ongoing subscriptions and redemptions.

🔍 Launched in 2017, BITW offers exposure to the top 10 cryptocurrencies, led by Bitcoin and Ethereum. Bitwise sees this as a step to broaden access for both institutional and retail investors.

What are your thoughts on this shift to ETPs? Share in the comments! 💬