Bitwise Asset Management has submitted an amended application for a Bitcoin exchange-traded fund (ETF) which includes 40 pages of new text addressing objections raised by the US Securities and Exchange Commission (SEC). However, the company has warned that the additional information may not be sufficient to meet regulatory requirements. Bitwise is one of six firms whose spot BTC ETF applications are currently on hold after the SEC delayed its consideration. The SEC has previously required that a listing exchange must have a surveillance-sharing agreement with a regulated market of significant size, such as the CME BTC futures market.