SEC Approves NYSE to Trade Bitwise’s Hybrid Bitcoin-Ethereum ETF, Paving the Way for Innovative Crypto Investment Options
The SEC has recently approved NYSE Arca’s proposal to list a new ETF that combines investment in Bitcoin and Ethereum. This hybrid investment product is significant as it shows the SEC’s growing comfort with cryptocurrency-backed financial products. The approval process was notably faster than usual, taking only 45 days compared to the typical 240 days, ...