Ethereum

Rule

Bitcoin

<ul class="wp-block-list">
 <li>Bitwise’s Bitcoin and Ethereum ETP aims to offer balanced exposure to the top two cryptocurrencies.</li>  
 <li>If approved, the ETP will provide investors with a simpler way to invest in BTC and ETH together.</li>  
 <li>Bitwise’s filing signals growing institutional interest in crypto, pushing digital assets into mainstream finance.</li> 
</ul>  
<p>The New York Stock Exchange (NYSE) Arca has filed an application with the Securities and Exchange Commission. The filing aims to list a new Bitcoin and Ethereum Exchange-Traded Product (ETP) on behalf of Bitwise Asset Management.&nbsp;</p>  
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  https://twitter.com/BitwiseInvest/status/1861492134546940203
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<p>The filing, consisting of Form 19b-4, will bring a BTC and ETH ETP to market. This move shows NYSE Arca's continued effort to integrate cryptocurrency into traditional financial markets.</p>  
<h2 class="wp-block-heading" id="h-details-of-the-proposed-etp"><strong>Details of the Proposed ETP</strong></h2>  
<p>The proposed ETP will monitor Bitcoin and <a href="https://ethereum.org/en/" rel="noopener noreferrer nofollow">Ethereum</a> using a market capitalization-weighted formula. It means the fund will own both assets at a ratio that reflects their market cap. Bitwise aims to offer investors exposure to the two biggest cryptocurrencies by market capitalization.</p>  
<p>The ETP will calculate its Net Asset Value (NAV) daily using CME CF price benchmarks. The fund will be controlled by NYSE Arca Rule 8.201-E, which applies to Commodity-Based Trust Shares. The filing puts the request officially under SEC review, but approval is still pending.</p>  
<h2 class="wp-block-heading" id="h-bitwise-s-growing-influence-in-the-crypto-etf-space"><strong>Bitwise’s Growing Influence in the Crypto ETF Space</strong></h2>  
<p>Bitwise has quickly emerged as one of the most important companies in the bitcoin ETF market. The firm recently crossed $10 billion in assets under management (AUM) and managed to add $1 billion in just ten days. Bitwise has taken the lead in crypto ETFs, bringing to market spot Bitcoin and Ethereum ETFs.</p>  
<p>The firm’s commitment to ecosystem development extends beyond traditional ETFs. Bitwise is also considering other cryptocurrency products such as a <a href="https://cryptonewsland.com/solana-etf-talks-gain-momentum-as-sec-engages-issuers-approval-eyes-2025/" rel="noopener noreferrer nofollow">Solana ETF</a> and a future XRP ETF. They are part of a wider effort to make digital assets more accessible to both institutional and retail investors.</p>  
<h2 class="wp-block-heading" id="h-regulatory-challenges-and-market-implications"><strong>Regulatory Challenges and Market Implications</strong></h2>  
<p>While the <a href="https://cryptonewsland.com/xrp-open-interest-hits-record-high-amid-regulatory-developments-and-etf-speculation/" rel="noopener noreferrer nofollow">regulatory landscape</a> for cryptocurrency ETFs remains unclear, there is evident institutional interest in digital assets. If authorized, Bitwise's Bitcoin and Ethereum ETP would be a significant step toward integrating cryptocurrency into traditional financial portfolios.</p>   
<p>The post <a href="https://cryptonewsland.com/nyse-arca-submits-filing-for-bitwise-bitcoin-and-ethereum-etp-listing/" rel="noopener noreferrer nofollow">NYSE Arca Submits Filing for Bitwise Bitcoin and Ethereum ETP Listing</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

NYSE Arca Submits Filing for Bitwise Bitcoin and Ethereum ETP Listing

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