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CryptoIntelligence 2024-11-15 21:32:00

NYSE Arca Submits SEC Request to List Bitwise ETP Offering Exposure to 10 Cryptocurrencies

NYSE Arca Submits SEC Request to List Bitwise ETP Offering Exposure to 10 Cryptocurrencies

NYSE Arca has submitted a request to the United States Securities and Exchange Commission (SEC) to list an exchange-traded product (ETP) managed by Bitwise Asset Management, offering exposure to a basket of 10 cryptocurrencies. Bitwise announced on Nov. 15 that NYSE Arca filed a 19b-4 form to list the Bitwise 10 Crypto Index Fund (BITW) as an ETP. The fund includes allocations to 10 major cryptocurrency assets, including Bitcoin, Ether, Solana, XRP, Cardano, Avalanche, Bitcoin Cash, Chainlink, Uniswap, and Polkadot. As of Oct. 31, 2024, the fund’s composition features 75.1% Bitcoin, 16.5% Ether, 4.3% Solana, and 1.6% XRP, with the

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