San Francisco-based company Bitwise is joining a growing flock of companies looking to launch the first exchange-traded fund for cryptocurrency. Recent rumors of SEC approval have pushed bitcoin prices above $8,000 this week. Bitwise filed with the SEC for the “HOLD 10 Cryptocurrency Index Fund” and aims to launch a market-cap-weighted index of the 10 largest cryptocurrencies.
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crypto currency
What is in store for bitcoin following price jump?
December 11, 2017As bitcoin prices hit sky high levels, will we see more regulated investment options into the crypto currency or is the bubble set to burst?