{"id":547203,"date":"2024-07-10T10:02:34","date_gmt":"2024-07-10T10:02:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=547203"},"modified":"2024-07-10T10:02:34","modified_gmt":"2024-07-10T10:02:34","slug":"bitwise-says-sec-open-to-etfs-beyond-bitcoin-ethereum-as-eth-etfs-near-the-finish-line","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitwise-says-sec-open-to-etfs-beyond-bitcoin-ethereum-as-eth-etfs-near-the-finish-line","title":{"rendered":"Bitwise Says SEC Open To ETFs Beyond Bitcoin, Ethereum As ETH ETFs Near The Finish line"},"content":{"rendered":"

Bitwise says the US Securities and Exchange Commission (SEC) has been open to discussions regarding crypto ETFs (exchange-traded funds) beyond just Bitcoin and Ethereum as the launch of spot ETH ETFs inches closer.<\/span><\/p>\n

“We’ve actually dialogued with the SEC about the possibility of what’s coming down the pipe with new products,” Bitwise’s chief compliance officer Katherine Dowling said in a July 9 interview with Bloomberg. <\/span>“I think our communication with the SEC about the prospects for these products has actually been quite welcoming.” <\/span><\/p>\n

\"Study:<\/p>\n

Still, she added that additional approvals are unlikely unless Gary Gensler is replaced as SEC Chair in January. <\/span><\/p>\n

Ethereum ETFs Close To Going Live In The US<\/span><\/h2>\n

Dowling also said she believes that eight U.S. spot <\/span>ETH<\/span><\/a> ETFs could soon begin trading. <\/span><\/p>\n

“We’re seeing in the S-1 amendments that there are fewer and fewer issues that are being vetted back and forth between issuers and the SEC,” she said in the Bloomberg interview. “We’re close to the finish line on the launch.”<\/span><\/p>\n

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Bitwise Chief Compliance Officer Katherine Dowling discusses her firm's Ether ETF application and the potential for new products tied to crypto https:\/\/t.co\/hKIvliRCnX<\/a> pic.twitter.com\/PvMFeG4wWU<\/a><\/p>\n

— Bloomberg Crypto (@crypto) July 9, 2024<\/a><\/p><\/blockquote>\n