Bitwise Withdraws Bitcoin and Ethereum ETF Application: A Surprise Move

Understanding the Surprising Move In an unexpected turn of events, Bitwise, a cryptocurrency asset management firm, has submitted a request to the U.S. Securities and Exchange Commission (SEC) to withdraw its Bitcoin and Ethereum ETF applications. Bitwise’s Bitcoin and Ethereum ETF Withdrawal This surprising decision comes just days after Bitwise’s Chief Investment Officer, Matt Hougan,…

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