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Latest Bitcoin News => Latest Bitcoin News => Topic started by: administrator on January 11, 2019, 09:25:34 AM

Title: Another ETF proposal : Bitwise
Post by: administrator on January 11, 2019, 09:25:34 AM
A new Etf proposal was made yesterday by Bitwise :
https://www.ethnews.com/bitwise-hopes-its-new-etf-proposal-can-sway-the-sec


"Bitwise Asset Management has filed a Bitcoin exchange-traded fund (ETF) proposal with the US Securities and Exchange Commission. The initial registration statement on Form S-1 is dated January 10."

https://www.prnewswire.com/news-releases/bitwise-files-for-new-bitcoin-etf-300776268.html?tc=eml_cleartime

“The proposed ETF differs from previously filed proposed Bitcoin ETFs in that it will rely on regulated third party custodians to hold its physical bitcoin, and in that the index draws prices from a large number of cryptocurrency exchanges, representing the majority of currently verifiable Bitcoin trading.”