Bitwise Asset Management applies for Bitcoin-backed ETF34

Bitwise Asset Management, a cryptocurrency index fund provider, has applied for a new bitcoin-backed exchange-traded fund (ETF). The application, submitted with the US Securities and Exchange Commission (SEC), outlines the company’s proposal. For the benefit of those not in the know, an ETF is essentially a marketable security designed to track a specific stock index, a commodity bond or asset. An...

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