RT BSCN (@BSCNews)BITWISE FILES FOR SPOT AVALANCHE ETF WITH SEC- Crypto asset manager Bitwise filed an S-1 with the SEC for a proposed spot @Avax ETF.- If approved, the product would track $AVAX, the native token of the Avalanche blockchain, with Coinbase Custody safeguarding assets.- The filing, submitted on Sept. 15, would allow Bitwise to expand its lineup beyond Bitcoin and Ethereum products.- Bitwise argues the ETF will give investors access to Avalanche through standard brokerage accounts without the ...

Matt Hougan, Chief Investment Officer at Bitwise, believes the crypto market is on the verge of a major rally as the US Securities and Exchange Commission (SEC) prepares to introduce generic listing standards for crypto exchange-traded products (ETPs). Key Takeaways: Bitwise CIO Matt Hougan expects a strong year-end crypto rally driven by macro factors like rate cuts. He believes the SEC’s proposed generic ETP listing standards could fast-track multiple crypto ETFs. Bitwise has filed for a spot Avala ...

BITWISE FILES FOR SPOT AVALANCHE ETF WITH SEC- Crypto asset manager Bitwise filed an S-1 with the SEC for a proposed spot @Avax ETF.- If approved, the product would track $AVAX, the native token of the Avalanche blockchain, with Coinbase Custody safeguarding assets.- The filing, submitted on Sept. 15, would allow Bitwise to expand its lineup beyond Bitcoin and Ethereum products.- Bitwise argues the ETF will give investors access to Avalanche through standard brokerage accounts without the hurdles of buying ...