The post Bitwise Files Amended Ethereum ETF S-1 Following SEC’s Feedback appeared first on Coinpedia Fintech News
Bitcoin has recently amended its S-1 registration form for a proposed ETF following feedback from the US SEC. The amended document outlines the initial funding steps for the Bitwise Ethereum ETF. New investment details include investment plans by the company’s affiliate Bitwise Investment Manager, LLC, of a $2.5 million seed investment. Furthermore, Pantera Capital Management …
The post Bitwise Files Amended Ethereum ETF S-1 Following SEC’s Feedback appeared first on Coinpedia Fintech News
Bitcoin has recently amended its S-1 registration form for a proposed ETF following feedback from the US SEC. The amended document outlines the initial funding steps for the Bitwise Ethereum ETF. New investment details include investment plans by the company’s affiliate Bitwise Investment Manager, LLC, of a $2.5 million seed investment. Furthermore, Pantera Capital Management LP has expressed interest in acquiring up to $100 million of the shares. This interest highlights the potential demand for crypto-based ETFs, while it may change based on market conditions.
