[2018-07-31] Bitwise CEO Still Hopeful For New Multi-Faceted Crypto ETF

[BitcoinArsenal]

Last week, Bitwise, a San Francisco-based asset management firm, filed a proposition to the SEC, looking to launch a cryptocurrency index ETF. If approved by the heavy-handed regulatory body, investors would be able to invest in a basket of ten cryptocurrencies, which are a part of the firm’s fittingly named “Hold 10” index.
Full article on NewsBTC

[squatter]

Let me get this straight.... The SEC just made some very sweeping objections in its denial of the Winklevoss Bitcoin ETF. And these guys think they have a prayer of getting an ETF with a "basket of ten cryptocurrencies!?"

The delusion is strong here...