Here is why Bitwise wants to convert its $1.3 billion crypto index fund to an ETF

Bitwise Asset Management is preparing to enhance its crypto product lineup by converting the Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF), according to a Nov. 14 statement...

By · · 1 min read
Here is why Bitwise wants to convert its $1.3 billion crypto index fund to an ETF

Source: CryptoSlate

Bitwise Asset Management is preparing to enhance its crypto product lineup by converting the Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF), according to a Nov. 14 statement. Bitwise revealed that NYSE Arca has filed to uplist BITW as the first crypto index fund to achieve ETF status. This marks a significant […]