According to Odaily, the New York Stock Exchange (NYSE) has submitted a revised update for the Bitwise Ethereum Exchange Traded Fund (ETF) under the 19B-4 form. It is anticipated that this ETF will be listed on the NYSE.
The submission of the revised update signifies the NYSE's ongoing efforts to expand its cryptocurrency offerings, with Ethereum being one of the leading digital currencies. The Bitwise Ethereum ETF, once approved and listed, will provide investors with a new avenue to invest in the Ethereum market without the need to directly own the underlying asset.
However, it's important to note that the listing of the Bitwise Ethereum ETF on the NYSE is still subject to regulatory approval. The process can be lengthy and complex, with no guarantee of a positive outcome. Despite this, the submission of the revised update is a significant step forward in the potential expansion of cryptocurrency offerings on major global exchanges.
