SEC Approves Bitwise 10 Crypto ETF Then Freezes It Over XRP and Altcoins

  • The U.S. Securities and Exchange Commission (SEC) made headlines on July 22 by granting accelerated approval to NYSE Arca to list the Bitwise 10 Crypto Index ETF, a new exchange-traded fund that includes Bitcoin, Ethereum, XRP, and several other cryptocurrencies. However, just hours after the approval, the SEC unexpectedly put the decision on hold, leaving the ETF in limbo.