Bitwise’s Bitcoin & Ethereum ETF May Launch Next Week, Says Bloomberg!

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Crypto investment firm Bitwise is reportedly gearing up to launch its Equal Weight Bitcoin and Ethereum Futures Exchange-Traded Fund (ETF) next week. This follows the company’s submission of an updated prospectus for the ETF to the regulators. With an expense ratio of 0.85% and the ticker symbol BTOP, Bitwise’s ETF joins VanEck’s fund, which is also set to launch in the coming days. The launch comes at a time when Bitcoin and Ethereum prices have hit all-time highs, and investors are looking for regulated and easy ways to gain exposure to the cryptocurrencies.

Source: https://coinpedia.org/crypto-live-news/bitwises-bitcoin-ethereum-etf-may-launch-next-week-says-bloomberg/