Bitwise Files Bitcoin ETF With SEC: Another ETF Hopeful

According to a US Government SEC registration form, cryptocurrency index fund provider Bitwise Asset Management has applied to launch a new Bitcoin Exchange Traded Fund (ETF) with the government body.

An ETF is a platform that tracks and trades an asset in the same way as stocks are traded on an exchange.

Will Bitwise manage to succeed where so many others are failing?

Bitwise Files Bitcoin ETF

Bitwise’s proposal is for an ETF that tracks the value of Bitcoin via the Bitwise Bitcoin Total Return Index. This value is “calculated based on …