Crypto asset management firm BitWise has filed an application with the Securities and Exchange Commission (SEC) to create an exchange-traded fund (ETF) based on its 10 Crypto Index Fund. If approved, this would be the most diversified and extensive crypto ETF in the US market. The fund would include 10 of the most highly valued cryptocurrencies, including Bitcoin, Ethereum, Cardano, and Solana. BitWise has already filed for a Solana ETF with the SEC, following similar applications from Canary Capital, VanEck, and 21Shares. The SEC has officially acknowledged BitWise's submission, but a deadline for its decision has not been confirmed. The filing reflects the growing institutional appeal toward the broader crypto market, with the industry likely to see more diverse ETFs being approved.



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