cryptobriefing.com
Key Takeaways
- The Bitwise 10 Crypto Index ETF received SEC approval to trade as an exchange-traded product on NYSE Arca.
- This is one of the first index funds allowing diversified, market cap-weighted exposure to major cryptocurrencies via a traditional exchange.
Bitwise Asset Management’s 10 Crypto Index ETF has received SEC approval to begin trading on NYSE Arca as an exchange-traded product, marking a significant step in bringing diversified crypto exposure to traditional exchanges.
The market-cap weighted fund tracks leading digital assets including Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, and Chainlink. The SEC issued a notice of effectiveness for the Bitwise 10 Crypto Index Fund, clearing the regulatory path for its NYSE Arca listing.
The approval represents a milestone in making broad crypto index exposure accessible through established exchange structures, offering investors a single product that captures multiple major digital assets rather than individual crypto ETFs.