On December 12, COINOTAG disclosed that the U.S. Securities and Exchange Commission (SEC) is actively seeking public feedback regarding the potential listing of the Bitwise Bitcoin and Ethereum ETF on the New York Stock Exchange (NYSE). This proposed spot cryptocurrency index fund aims to encapsulate both Bitcoin (BTC) and Ethereum (ETH) within its investment framework. The application for this ETF was initially filed by Bitwise and the NYSE on November 26. By moving forward with the solicitation of industry opinions, the SEC demonstrates a methodical approach towards the evaluation of the ETF, which could pave the way for broader institutional adoption of cryptocurrencies. As the market eagerly anticipates regulatory clarity, the outcome of this listing could significantly impact investor sentiment and market dynamics.
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