SEC Delays Decision on Bitwise Crypto Index Fund ETP Until March
The US Securities and Exchange Commission (SEC) has delayed its decision on whether to approve the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). The new deadline for the SEC’s decision is March 3, which will determine whether the $1.4 billion fund can transition from its current over-the-counter (OTC) trading status to…