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We have approval of the @BitwiseInvest 10 Index fund -- $BITW -- but just like @Grayscale's $GDLC earlier this month, Bitwise has been stayed by either one or multiple commissioners. Meaning they cannot actually convert it into an ETF ... *yet*
23.7. klo 05.22
SEC Division of Trading & Markets has *approved* the Bitwise 10 Crypto Index ETF...
However, like with the Grayscale Digital Large Cap ETF, this approval order is stayed.
IMO, both of these should be allowed to convert/uplist asap.
Bizarre situation.
@BitwiseInvest @Grayscale Should add -- this wasn't due for a decision until next week. So the SEC went pretty early with this decision.
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