Bitwise CEO: Bitcoin ETF Still Coming as SEC Concerns Largely Solved

Cointelegraph | Aug 15, 2019 at 10:50 AM
  • The CEO of crypto index fund provider Bitwise Asset Management says he’s still positive about the prospect of United States regulators approving a crypto exchange-traded fund (ETF).
  • With the SEC continuing to delay over multiple ETF proposals, many in the community await their prospective launch as a potential “holy grail” that would herald the widespread adoption of cryptocurrencies as a regulated and passive investment instrument.
  • Bitwise’s own application with the SEC proposes a crypto ETF tracking the Bitwise HOLD 10 Private Index Fund, a basket of ten cryptocurrencies.