Bitcoin
Bitcoin (BTC)
$102,634.00 3.93664
Bitcoin price
Ethereum
Ethereum (ETH)
$2,202.64 19.52552
Ethereum price
BNB
BNB (BNB)
$624.05 2.86764
BNB price
Solana
Solana (SOL)
$162.57 8.43095
Solana price
XRP
XRP (XRP)
$2.31 6.50915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000143 9.94047
Shiba Inu price
Pepe
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$0.000011 30.11149
Pepe price
Bonk
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$0.0000203 16.21158
Bonk price
dogwifhat
dogwifhat (WIF)
$0.706774 19.06227
dogwifhat price
Popcat
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$0.472809 2.86757
Popcat price
Bitcoin
Bitcoin (BTC)
$102,634.00 3.93664
Bitcoin price
Ethereum
Ethereum (ETH)
$2,202.64 19.52552
Ethereum price
BNB
BNB (BNB)
$624.05 2.86764
BNB price
Solana
Solana (SOL)
$162.57 8.43095
Solana price
XRP
XRP (XRP)
$2.31 6.50915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000143 9.94047
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000011 30.11149
Pepe price
Bonk
Bonk (BONK)
$0.0000203 16.21158
Bonk price
dogwifhat
dogwifhat (WIF)
$0.706774 19.06227
dogwifhat price
Popcat
Popcat (POPCAT)
$0.472809 2.86757
Popcat price
Bitcoin
Bitcoin (BTC)
$102,634.00 3.93664
Bitcoin price
Ethereum
Ethereum (ETH)
$2,202.64 19.52552
Ethereum price
BNB
BNB (BNB)
$624.05 2.86764
BNB price
Solana
Solana (SOL)
$162.57 8.43095
Solana price
XRP
XRP (XRP)
$2.31 6.50915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000143 9.94047
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000011 30.11149
Pepe price
Bonk
Bonk (BONK)
$0.0000203 16.21158
Bonk price
dogwifhat
dogwifhat (WIF)
$0.706774 19.06227
dogwifhat price
Popcat
Popcat (POPCAT)
$0.472809 2.86757
Popcat price
Bitcoin
Bitcoin (BTC)
$102,634.00 3.93664
Bitcoin price
Ethereum
Ethereum (ETH)
$2,202.64 19.52552
Ethereum price
BNB
BNB (BNB)
$624.05 2.86764
BNB price
Solana
Solana (SOL)
$162.57 8.43095
Solana price
XRP
XRP (XRP)
$2.31 6.50915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000143 9.94047
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000011 30.11149
Pepe price
Bonk
Bonk (BONK)
$0.0000203 16.21158
Bonk price
dogwifhat
dogwifhat (WIF)
$0.706774 19.06227
dogwifhat price
Popcat
Popcat (POPCAT)
$0.472809 2.86757
Popcat price

Bitwise pushes to convert $1.3b crypto trust to ETP on NYSE

Jayson Derrick
Edited by
News
Bitwise pushes to convert $1.3b crypto trust to ETP on NYSE

NYSE Arca has submitted a filing to list the $1.3 billion Bitwise 10 Crypto Index Fund, aiming to convert it into an exchange-traded product.

NYSE Group’s NYSE Arca has filed to list the $1.3 billion Bitwise 10 Crypto Index Fund, marking a major step in Bitwise Asset Management’s effort to transition the fund to an exchange-traded product.

In a Nov. 15 blog announcement, the asset management firm said the conversion to an ETP would introduce ongoing subscriptions and redemptions at Net Asset Value, a mechanism designed to align secondary market prices more closely with the fund’s underlying value.

“Bitwise believes that ETPs are among the most efficient, convenient, and useful vehicles for providing crypto exposure. We remain committed to converting BITW to an ETP.”

Bitwise CEO Hunter Horsley

Bitwise to target broader Bitcoin access

Launched in 2017, BITW provides exposure to the 10 largest cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), weighted by market capitalization. As of Oct. 31, the fund’s holdings were led by Bitcoin at 75.1% and Ethereum at 16.5%.

Bitwise says the filing with NYSE Arca represents the next phase in its strategy to broaden institutional and retail participation in crypto markets. Matt Hougan, Bitwise’s chief investment officer says BITW “opened up new possibilities as the first fund to provide a broad, index-based approach to crypto markets.”

The filing comes just a few weeks after Hougan emphasized Bitcoin’s bullish trajectory, noting in a social media post that the asset is on track to surpass $100,000 per BTC.