TechFlow news, November 28 — According to BeInCrypto, Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an ETF based on its 10-cryptocurrency index fund. If approved, this would become the most diversified and broadest-reaching cryptocurrency ETF in the U.S. market.
According to the filing, the fund includes Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Chainlink, Bitcoin Cash, Polkadot, and Uniswap. Bitwise has maintained this initial fund since 2018, linking its value to the ten most valuable cryptocurrencies.
The SEC has officially acknowledged receipt of the application, marking the start of the commission's review period to decide whether to approve or reject it. However, the final deadline for the decision has not yet been set.
