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SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF
coindesk.com/policy/2025/07/22/sec-approves-then-pauses-bitwise-s-bid-to-convert-bitw-crypto-index-fund-to-etf
The Securities and Exchange Commission approved — then abruptly paused — Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) on Tuesday, raising fresh uncertainty around the agency’s standards for crypto ETFs.
The fund holds 90% of its…
This story appeared on coindesk.com, 2025-07-22 21:50:55.