SEC Postpones Decision on Spot ETF for Bitwise 10 Crypto Index Fund

The Securities and Exchange Commission (SEC) has delayed its decision regarding the conversion of the Bitwise 10 Crypto Index Fund into an Exchange Traded Fund (ETF). This fund, which tracks ten major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), Sui (SUI), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Polkadot (DOT), is currently awaiting regulatory approval. Further details regarding the SEC’s update are expected soon.