Bitwise launches US ‘crypto ETF’… sort of
Cointelegraph
Published May 13, 2021 12:54AM ET
Updated May 13, 2021 02:40AM ET
Bitwise Asset Management has announced the launch of its Crypto Industry Innovators exchange-traded fund, or ETF.
Unlike the numerous proposals for Bitcoin and cryptocurrency ETFs offering direct exposure to digital assets that the U.S. Securities and Exchange Commission takes great delight in shooting down, Bitwise’s new fund, dubbed BITQ, offers exposure to the shares of leading “public companies that are participants in the growing Bitcoin and cryptocurrency sector.”
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Written By: Cointelegraph
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