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NYSE Arca Files Paperwork for Bitwise Bitcoin ETF Approval

Published 01/25/2019, 01:22 PM
Updated 01/25/2019, 01:39 PM
© Reuters.

New details have surfaced about the bitcoin exchange-traded fund (ETF) proposed by Bitwise and NYSE Arca.

Bitwise Asset Management announced its intention to launch the ETF earlier this month. If approved, it would be the first bitcoin ETF to make it to market in the U.S.

At the time, the company said NYSE Arca would file the 19b-4 rule change proposal in the near future. NYSE Arca indeed filed the form the same day, but it does not appear to be listed on any SEC website, possibly due to the ongoing U.S. government shutdown.

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