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SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF

Business · United States

SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF

67% Center coverage: 3 sources

The Securities and Exchange Commission approved — then abruptly paused — Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) on Tuesday, raising fresh uncertainty around the agency’s standards for crypto ETFs.The fund holds 90% of its weight in bitcoin (BTC) and ether (ETH), with the remainder spread across Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Bitcoin Cash (BCH…See the Story

Ethereum ETFs Pull In $8.7B in First Year After Almost $5B Rush in Past Two Weeks

Ethereum ETFs Pull In $8.7B in First Year After Almost $5B Rush in Past Two Weeks

100% Center coverage: 2 sources

The first wave of U.S.-listed spot Ethereum exchange-traded funds (ETFs) has racked up nearly $8.7 million in net inflows in its first year on the market, according to public data compiled since the funds launched on July 23, 2024, despite heavy outflows out of Grayscale's Ethereum Trust (ETHE). That performance, while modest compared to their bitcoin counterparts, arrives alongside a surge in investor activity and price momentum. Over the past …See the Story

XRP Tanks on $175M Transfer, But LF Labs (LF Coin) Becomes Safe Haven

XRP Tanks on $175M Transfer, But LF Labs (LF Coin) Becomes Safe Haven

Coverage: 2 sources

PANAMA CITY, July 24, 2025 (GLOBE NEWSWIRE) -- The cryptocurrency market faced heavy volatility as XRP dropped sharply, while LF Labs (LF Coin)...See the Story

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