SEC Delays Bitwise ETF With XRP, BTC & SOL After Initial Green Light

  • In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has postponed the approval of Bitwise's multi-asset crypto ETF just hours after staff had initially cleared it. The Bitwise 10 Crypto Index Fund, which manages approximately $1.68 billion in assets, holds a basket of major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and others.