Today news
About the same in other media
This Is Why Bitwise Withdrew BTC Futures ETF
Reading now: 524
The crypto index fund provider Bitwise Asset Management says it has withdrawn its application for a bitcoin (BTC) futures-backed exchange-traded fund (ETF) in the US, and will instead focus its efforts on getting a spot-based ETF across the finish line.
According to Bitwise’s chief investment officer Matt Hougan, the firm’s proposal for a futures-based ETF was withdrawn because of “added complexity” and higher than expected costs associated with such an ETF.
In a Twitter thread on Wednesday,
Read more on cryptonews.comAbout this in other media
Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22 cointelegraph.com /2 years ago
Invesco Joins Bitwise in Blaming the SEC for Decision to Withdraw ETFs cryptonews.com /2 years ago
Invesco exec reveals reasons for dropping Bitcoin futures ETF cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
