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TechFlow, September 23 — Bloomberg ETF analyst James Seyffart said on social media that cryptocurrency investment management firm Bitwise has withdrawn its application to convert its new bitcoin-linked ETF, BITC, from a bitcoin futures fund into a fund offering both bitcoin and ethereum futures, and will now only provide bitcoin-related investments.
On September 23, Bloomberg ETF analyst James Seyffart said on social media that cryptocurrency investment management firm Bitwise has withdrawn its application to convert its new bitcoin-linked ETF, BITC, from a bitcoin futures fund into a fund offering both bitcoin and ethereum futures, and will now provide investment exposure solely to bitcoin.
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