Giving It Another Gander: SEC Again Reviewing Bitwise Bitcoin ETF Proposal

Giving It Another Gander: SEC Again Reviewing Bitwise Bitcoin ETF Proposal

Last month, the Securities and Exchange Commission turned back Bitwise Asset Management’s proposal to launch the Bitwise Bitcoin ETF Trust, but the commission is reviewing that decision. In turning back the Bitwise Bitcoin ETF proposal, the SEC cited familiar concerns about market manipulation in the bitcoin space and the effects a proposed exchange rule change that would pave the way for bitcoin funds.