According to Wu, Bitwise Asset Management announced today that the New York Stock Exchange Arca has submitted an application to convert its Bitwise 10 Crypto Index Fund (BITW) into an Exchange-Traded Product (ETP). This application aims to transform the publicly traded trust currently trading on the OTCQX market with a value of $1.30 billion into an ETP structure. The ETP structure is expected to enhance shareholder efficiency and regulatory protection, and improve the trading efficiency of the fund in the secondary market through a net asset value (NAV) mechanism.

The NYSE Arca has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the listing of the Bitwise Crypto Index Fund (BITW). BITW is a cryptocurrency exchange-traded product (ETP) designed to track the performance of the cryptocurrency market. The submission of this application means that BITW is expected to become the first cryptocurrency index fund listed on a U.S. exchange.

The New York Stock Exchange Arca has submitted a listing application for the BITW cryptocurrency index fund.

Bitwise Asset Management announced that the NYSE Arca has submitted a listing application for its cryptocurrency index fund, the Bitwise 10 Crypto Index Fund (BITW), as an exchange-traded product (ETP). The fund currently has a size of $1.30 billion and trades on the OTCQX over-the-counter market. BITW was established in November 2017 and is the world's first cryptocurrency index fund. As of October 31, 2024, the fund holds Bitcoin (75.1%), Ethereum (16.5%), Solana (4.3%), XRP (1.6%), Cardano (0.7%), Avalanche (0.6%), Bitcoin Cash (0.4%), Chainlink (0.4%), Uniswap (0.3%), and Polkadot (0.3%).

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According to a report from 深潮 TechFlow on November 15, Bitwise Asset Management announced that NYSE Arca has submitted an application for the listing of its cryptocurrency index fund, Bitwise 10 Crypto Index Fund (BITW), as an exchange-traded product (ETP). The fund currently has a size of 1.30 billion USD and is traded on the OTCQX over-the-counter market.
Established in November 2017, BITW is the world's first cryptocurrency index fund. As of October 31, 2024, the fund holds the following assets: Bitcoin (75.1%), Ethereum (16.5%), Solana (4.3%), XRP (1.6%), Cardano (0.7%), Avalanche (0.6%), Bitcoin Cash (0.4%), Chainlink (0.4%), Uniswap (0.3%), and Polkadot (0.3%).
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The NYSE Arca has submitted an ETP listing application for the Bitwise Crypto Index Fund (BITW).

According to official news, Bitwise has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert the Bitwise 10 Crypto Index Fund (BITW) into an Exchange-Traded Product (ETP).

Odaily Planet Daily News: According to official news, Bitwise has submitted Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) through NYSE Arca, Inc. ("NYSE Arca"), proposing to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP).

The New York Stock Exchange has applied to the U.S. SEC to convert the Bitwise 10 Crypto Index Fund into an ETP.

According to BlockBeats news on November 15, Bitwise has officially announced that it has submitted Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) through NYSE Arca, Inc. ("NYSE Arca"), proposing to list the Bitwise 10 Crypto Index Fund (BITW) as an Exchange-Traded Product (ETP). The Bitwise 10 Crypto Index Fund was launched in November 2017 and is the world's first cryptocurrency index fund.

According to BlockBeats news on November 15, Bitwise has officially announced that it has submitted the 19b-4 form to the U.S. Securities and Exchange Commission (SEC) through NYSE Arca, Inc. ("NYSE Arca"), proposing to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). The Bitwise 10 Crypto Index Fund was launched in November 2017 and is the world's first cryptocurrency index fund.

Asset management company Bitwise has announced that the New York Stock Exchange Arca has submitted a Form 19b-4 to apply for the listing of the Bitwise 10 Crypto Index Fund (BITW) as an ETP. BITW shares are currently trading on the OTCQX Best Market. The ETP structure offers numerous benefits to shareholders, including greater efficiency and regulatory protection. The Bitwise 10 Crypto Index Fund holds the 10 largest cryptocurrency assets, ranked and weighted by market capitalization.

PANews reported on November 15 that according to official sources, asset management company Bitwise has announced that the New York Stock Exchange Arca has submitted a Form 19b-4, applying to list the Bitwise 10 Crypto Index Fund (BITW) as an ETP. This application represents Bitwise's ongoing efforts to convert its publicly traded trust valued at $1.30 billion into an ETP structure. Shares of BITW are currently trading on the OTCQX Best Market.

According to Bitwise, the ETP structure offers numerous benefits to shareholders, including greater efficiency and regulatory protection. Notably, ETPs accept subscriptions and redemptions at net asset value (NAV), thereby creating an arbitrage mechanism that allows the fund to trade on the secondary market in a manner more closely related to its NAV.

The Bitwise 10 Crypto Index Fund holds the 10 largest cryptocurrency assets, ranked and weighted by market capitalization. As of October 31, 2024, the fund holds the following assets: Bitcoin (75.1%), Ethereum (16.5%), Solana (4.3%), XRP (1.6%), Cardano (0.7%), Avalanche (0.6%), Bitcoin Cash (0.4%), Chainlink (0.4%), Uniswap (0.3%), and Polkadot (0.3%).

The New York Stock Exchange Arca has applied to list Bitwise's cryptocurrency index fund BITW as an ETP.

Wu learned that Bitwise Asset Management announced today that the NYSE Arca has submitted an application to convert its Bitwise 10 Crypto Index Fund (BITW) into an Exchange-Traded Product (ETP). This application aims to convert the publicly traded trust currently trading on the OTCQX market, valued at $1.30 billion, into an ETP structure. The ETP structure is expected to enhance shareholder efficiency and regulatory protection, and improve trading efficiency in the secondary market through the Net Asset Value (NAV) mechanism.

Bitwise applies to convert BITW into an Exchange-Traded Product (ETP)

Bitwise has filed to list BITW as an ETP on NYSE Arca, enhancing liquidity and regulatory protections for investors.

Bitwise has filed to list BITW as an ETP on NYSE Arca, enhancing liquidity and regulatory protections for investors.
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Bitwise files to convert its 10 Crypto Index Fund into an ETP

根据吴的说法，Bitwise Asset Management今天宣布，纽约证券交易所Arca已提交申请，将其Bitwise 10 Crypto Index Fund（BITW）转换为交易所交易产品（ETP）。该申请旨在将当前在OTCQX市场交易、价值为13亿美元的公开交易信托转变为ETP结构。预计ETP结构将提高股东效率和监管保护，并通过净资产值（NAV）机制改善基金在二级市场的交易效率。

Bitwise 正在申请将 BITW 转换为交易所交易产品（ETP）。

根據吳的說法，Bitwise Asset Management今天宣佈，紐約證券交易所Arca已提交申請，將其Bitwise 10 Crypto Index Fund（BITW）轉換爲交易所交易產品（ETP）。該申請旨在將當前在OTCQX市場交易、價值爲13億美元的公開交易信託轉變爲ETP結構。預計ETP結構將提高股東效率和監管保護，並通過淨資產值（NAV）機制改善基金在二級市場的交易效率。