Bloomberg analyst James Seyffart stated on X platform that Bitwise has updated its Bitcoin ETF filing with the SEC, in response to comments and concerns raised by the SEC, which is in line with market expectations. If Bitwise's product is approved by the SEC, it will trade under the code BITB. Seyffart stated that he did not see anything different from other filings in this version, but rather that more progress has been made, representing ongoing dialogue between the SEC and these applicant companies.