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Bitwise CEO Teases Major Announcement on Spot Ether ETF
Bitwise Invest CEO Hunter Horsley hinted at a major announcement on June 20th. While details remain scarce, industry experts believe it’s highly likely to be related to the long-awaited launch of spot Ether Exchange Traded Funds (ETFs).
Horsley hits comes on the heels of a flurry of S-1 filings for spot Ether ETFs, including an amended filing by Bitwise itself. The amended filing disclosed a $2.5 million seed investment and a significant $100 million commitment from Pantera Capital, a well-respected blockchain investment firm.
SEC Greenlight Paves the Way for Ether ETF Launch
Adding fuel to the fire, Nate Geraci, president of ETF Store, predicts a wave of spot Ether ETF approvals before July 4th. He believes the U.S. Securities and Exchange Commission (SEC) has addressed all concerns raised in the recent Bitwise filing, leaving little room for further delay.
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