Bitwise Set to Launch Crypto Options-Based ETFs

Bitwise is preparing to launch a trio of new exchange-traded funds (ETFs) that focus on crypto options. As per Bloomberg analyst James Seyffart, who announced the development on X platform, applications for these ETFs have been submitted, targeting Ethereum and Bitcoin options specifically. This move also includes an ETF dedicated to thematic cryptocurrency stocks, known as the Bitwise Crypto Industry Innovators ETF (BITQ). The three ETFs under consideration are the Bitwise Bitcoin Option Income Strategy ETF, Bitwise Ethereum Option Income Strategy ETF, and Bitwise BITQ Option Income Strategy ETF.