1 Aug 2025
📈SEC Approves Bitwise Bitcoin and Ethereum ETF Listing
Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting Approval of a Proposed Rule Change To List and Trade Shares of the Bitwise Bitcoin and Ethereum ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
Summary
The SEC has approved the Bitwise Bitcoin and Ethereum ETF for trading on NYSE Arca, allowing for investment in digital assets through an established exchange-traded fund structure. The Trust will hold spot bitcoin and ether, providing investors with a regulated and transparent means to gain exposure to cryptocurrencies.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The approval of the Bitwise Bitcoin and Ethereum ETF by the SEC implies a significant regulatory change in the ETF landscape, allowing businesses to gain exposure to cryptocurrencies through traditional investment vehicles. This could attract institutional funds and enhance market credibility for digital assets.