Bitwise files for spot Ethereum ETF amid SEC approval uncertainty
Bitwise has filed for the right to issue a spot ether exchange-traded fund even as questions continue to swirl around when the Securities and Exchange Commission might give such products the green light. The move follows comments made earlier this month in which the firm's CIO Matt Hougan said it might be better if the SEC doesn't approve the new instruments in May, when the agency is scheduled to approve or deny the first pending applications for spot ether ETFs.
