Bitwise has refiled its application for Bitcoin spot ETF with new amendments.
This amendment solidifies the hope the product will be approved.
Investment Management giant Bitwise has made certain amendments to its spot Bitcoin (BTC) Exchange Traded Fund (ETF) application as a result of feedback and queries highlighted by the United States Securities and Exchange Commission (SEC). The amended proposal has been resubmitted to the regulator, per a post made by popular Bloomberg ETF analyst James Seyffart. 
With the effected amendment, the firm’s hopes for approval from the SEC have heightened further.
According to Seyffart, most of the alterations made by Bitwise to its application are the same as those seen in the recently amended document other candidates vying for a spot Bitcoin ETF approval. The only new information that the ETF analyst outlined is the intended ticker for Bitwise BTC ETF. Seyffart stated that the ticker of the Bitwise spot Bitcoin ETF, if and when the approval come

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