SEC Approves Bitwise Bitcoin and Ether ETF
SEC批准比特币和乙醚ETF
The Securities and Exchange Commission (SEC) has granted initial approval for Bitwise's exchange-traded fund (ETF) tracking Bitcoin and Ether. The accelerated approval allows NYSE Arca to list and trade shares of the hybrid fund.
证券交易委员会(SEC)已批准了Bitwise的交易所交易基金(ETF)跟踪比特币和以太币。加速批准允许NYSE ARCA列出混合动力基金的股份。
SEC Review and Approval
SEC审查和批准
The SEC determined that the ETF aligns with the Exchange Act and relevant regulations. It meets requirements designed to prevent fraudulent and manipulative practices in the market.
SEC确定ETF与《交换法》和相关法规保持一致。它符合旨在防止市场上欺诈和操纵性实践的要求。
Increasing Institutional Interest
增加机构利益
Amid growing interest in crypto investment vehicles, asset managers have filed multiple ETF applications. These include ETFs tracking Dogecoin and Litecoin.
由于对加密投资工具的兴趣日益增加,因此资产管理人员提出了多个ETF申请。其中包括跟踪Dogecoin和Litecoin的ETF。
Accelerated Approval Process
加速批准过程
The SEC's expedited approval process for Bitwise's ETF has garnered attention. While approval was anticipated, the timeline was significantly shorter than the typical 240 days, taking only 45 days.
SEC对BITWISE的ETF的快速批准过程引起了人们的关注。虽然预计会得到批准,但时间表明显短于典型的240天,仅需45天。
S-1 Registration Pending
S-1注册待定
Despite initial approval, the ETF requires SEC clearance for its S-1 registration before trading can commence. Bloomberg senior analyst Eric Balchunas suggests that Litecoin ETFs may be next in line for approval.
尽管有初步批准,但ETF仍需要在交易开始之前进行SEC清算以进行S-1注册。彭博高级分析师埃里克·巴尔库纳斯(Eric Balchunas)认为,莱特币ETF可能是下一个批准。