Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.
SEC news
Paul Atkins, former SEC commissioner, could lead a more crypto-friendly regulatory era during the incoming Trump administration.
Kristoffer Krohn unsuccessfully argued in his appeal that the SEC had not established that the Green Boxes were securities offerings or investment contracts in its complaint.
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement.
This state-level filing is seen as a preliminary step toward SEC approval.
The CFTC’s Summer Mersinger advocates for structured crypto regulations, urging the industry to engage with the incoming US administration.
Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF.
According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history.
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.