The SEC has started reviewing the Bitwise Bitcoin and Ether Spot ETF application.

GateNews
BTC-3,48%
ETH-5,03%

Gate News bot message, the SEC announced on June 10 that it has initiated a formal review process for the Bitwise Bitcoin and Ethereum Spot ETF application submitted by NYSE Arca.

The ETF’s asset allocation plan is based on market capitalization weighting, with 83% Bitcoin and 17% Ethereum. The SEC announcement stated that the goal of this review is to assess the product’s compliance in preventing market manipulation and protecting investors.

The public opinion collection period is 21 days after release, and the deadline for submitting rebuttal opinions is 35 days.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
GateUser-71fd2c88vip
· 2025-06-10 16:10
Quick, enter a position! 🚗
View OriginalReply0