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The US Securities and Change Fee (SEC) on 22 July granted accelerated approval for NYSE Arca to record the Bitwise 10 Crypto Index ETF, a multi-asset product whose underlying portfolio consists of XRP, Solana, Cardano and 7 different digital property alongside Bitcoin and Ether. The order, revealed as Launch No. 34-103531, concluded that the proposal was “per Part 6(b)(5) of the Change Act” as a result of it’s designed “to stop fraudulent and manipulative acts and practices, to advertise simply and equitable rules of commerce, [and] to guard traders and the general public curiosity.
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