Bitwise has made a notable move by applying to the United States Securities and Exchange Commission (SEC) for the listing of an XRP ETF. This filing comes amid a growing trend towards crypto ETF products, despite the delays and challenges issuers face in this emerging market.
Nate Geraci, a prominent figure in the industry, has shared his thoughts on Bitwise's unexpected move. His insights shed light on the strategic decision by Bitwise, an investment asset management firm focused heavily on cryptocurrency.
The quest for a variety of crypto ETFs has intensified as firms continuously navigate regulatory pathways. Bitwise's latest filing underscores the company's commitment to expanding its crypto-related investment offerings.
Bron: www.thecoinrepublic.com ↗