Bitwise Bitcoin and Ethereum ETFs will offer physical creation and redemption capabilities
2025-07-30 01:12:09
Crypto asset manager Bitwise has announced that its Bitwise Bitcoin ETF (NYSE: BITB) and Bitwise Ethereum ETF (NYSE: ETHW) will now offer physical share creation and redemption services for authorized fund participants, which have been approved by the Securities Exchange Commission. This service is expected to reduce the transaction costs for Bitwise spot cryptocurrency ETP investors.
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