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Bitwise CIO Sees ‘No Path Forward’ for Spot Bitcoin ETF

Bitwise believes there is currently "no path forward" for a spot Bitcoin ETF with the SEC. Thus the company does not have an application with the regulator at this time, the company’s CIO Matthew Hougan told Pensions & Investments.

However, Hougan added that the company plans to launch a spot Bitcoin ETF once regulatory conditions become more amicable. He said:

“Spot bitcoin ETFs operate successfully in many markets around the globe, and we think we will eventually see them here in the U.S.”

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