PANews reported on September 17th that asset management company Bitwise submitted a prospectus for the "Bitwise Stablecoin and Tokenized ETF" on Tuesday, according to The Block. According to the filing, if the fund is approved by the U.S. Securities and Exchange Commission (SEC), it will "provide investors with exposure to assets that are expected to benefit from the growing adoption of stablecoins and tokenization, and fundamental changes in how financial assets are traded and settled." Eric Balchunas, senior ETF analyst at Bloomberg, stated that the Bitwise Stablecoin and Tokenized ETF could launch around the end of November (around Thanksgiving).PANews reported on September 17th that asset management company Bitwise submitted a prospectus for the "Bitwise Stablecoin and Tokenized ETF" on Tuesday, according to The Block. According to the filing, if the fund is approved by the U.S. Securities and Exchange Commission (SEC), it will "provide investors with exposure to assets that are expected to benefit from the growing adoption of stablecoins and tokenization, and fundamental changes in how financial assets are traded and settled." Eric Balchunas, senior ETF analyst at Bloomberg, stated that the Bitwise Stablecoin and Tokenized ETF could launch around the end of November (around Thanksgiving).
Bitwise Submits Stablecoin and Tokenized ETF Application to the US SEC
PANews reported on September 17th that asset management company Bitwise submitted a prospectus for the "Bitwise Stablecoin and Tokenized ETF" on Tuesday, according to The Block. According to the filing, if the fund is approved by the U.S. Securities and Exchange Commission (SEC), it will "provide investors with exposure to assets that are expected to benefit from the growing adoption of stablecoins and tokenization, and fundamental changes in how financial assets are traded and settled." Eric Balchunas, senior ETF analyst at Bloomberg, stated that the Bitwise Stablecoin and Tokenized ETF could launch around the end of November (around Thanksgiving).
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