Bitwise Stock

bitwiseinvestments.comFinTechFounded: 2016Funding to Date: $88.57MM

Bitwise is a crypto-focused asset manager offering an increasing suite of investment solutions.

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News

The United States Securities and Exchange Commission continued to delay decisions on Bitcoin exchange-traded funds (ETF). Last year in December, the SEC postponed two major Bitcoin exchange-traded offering proposals. This included NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF.There was a lot of uncertainity since the delay. Although this time, there might be a small twist with the recent application 
The Gary Gensler-led commission, SEC, has urged Bitwise to provide more information on how it plans to protect investors with its ETF.