The first index fund has been approved by the SEC to convert into an ETF, and the buying pressure from the Americans is coming in waves... "Latest news: 🇺🇸 The U.S. Securities and Exchange Commission has approved the conversion of the Bitwise 10 Crypto Index Fund into an ETF that holds the following cryptocurrencies: • BTC • ETH • XRP • SOL • ADA • SUI • LTC • DOT • LINK • AVAX" Let's take a look at the general situation of this fund... Bitwise 10 Crypto Index Fund Previous asset allocation of the fund: -Bitcoin (BTC): 75.1% -ETH (ETH): 16.5% -@solana (SOL) 4.3% -XRP: (XRP) 1.6% -@Cardano_CF (ADA) 0.7% -@avax (AVAX) 0.6% -Bitcoin Cash (BCH): 0.4% -@chainlink (LINK) 0.4% -@Uniswap (UNI) 0.3% -@Polkadot (DOT) 0.3% By May 2025, the assets under management (AUM) are approximately $1.4 billion.
JUST IN: 🇺🇸 SEC approves conversion of Bitwise 10 Crypto Index Fund into an ETF holding the following cryptocurrencies: • BTC • ETH • XRP • SOL • ADA • SUI • LTC • DOT • LINK • AVAX
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