NYSE Arca Files to List $1.3B Bitwise Crypto Index Fund as ETP, Led by Bitcoin Holdings

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NYSE Arca has filed to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP), marking a significant step in converting the $1.3 billion publicly traded trust. Currently quoted on OTCQX Best Market, BITW aims to provide broader access and enhanced regulatory protections through the ETP structure, which enables ongoing subscriptions and redemptions at Net Asset Value (NAV). The fund, launched in November 2017 as the world’s first crypto index fund, holds the 10 largest crypto assets by market cap, with Bitcoin (75.1%) and Ethereum (16.5%) as its largest holdings as of October 31, 2024.

NYSE Arca ha presentato richiesta per quotare il Bitwise 10 Crypto Index Fund (BITW) come prodotto scambiato in borsa (ETP), segnando un passo significativo nella conversione del fondo di investimento pubblico da 1,3 miliardi di dollari. Attualmente…

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