The US Securities and Exchange Commission approved and then immediately paused the conversion of Bitwise’s crypto index fund into an exchange-traded fund, leaving it in limbo pending a review. The…
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Crypto Currency
Bitcoin and Ethereum ETFs see $655M in inflows as SEC swiftly approves Bitwise’s new combined fund
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US saw inflows of approximately $655 million on Jan. 30, reflecting a strong rebound in investor interest. The surge comes after…