
U.S SEC Approves Bitwise's Bid to Convert BITW Crypto Index Fund to ETF, Halts Decision Immediately
The U.S. SEC approved Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot ETF, but immediately paused its approval.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
The U.S. SEC approved Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot ETF, but immediately paused its approval.
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