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Bitcoin.com 2024-10-05 16:45:08

Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing,

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