TechFlow news: On December 12, the U.S. Securities and Exchange Commission (SEC) announced on December 10 that it has entered a public comment period regarding NYSE Arca's application to list Bitwise's two-asset ETF product. This product will track both Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies. Bitwise stated this would offer investors "a simple way to gain balanced exposure to the two largest digital assets."
In terms of market competition, NYSE Arca also filed an application on November 27 to list the Bitwise 10 Crypto Index Fund, which aims to track a broader portfolio of digital assets. Additionally, NYSE Arca submitted an application to the SEC on October 29 to list the Grayscale Digital Large Cap Fund.
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