January 14, 2020
VIA EDGAR CORRESPONDENCE
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Re:
Withdrawal of Registration Statement on Form S-1
Bitwise Bitcoin ETF Trust (File No. 333-229180)
Ladies and Gentlemen:
Pursuant to Rule 477 of the Securities Act of 1933 (the “Act”), Bitwise Bitcoin ETF Trust (the “Registrant”) respectfully requests the withdrawal of the Registrant’s registration statement on Form S-1 (Reg. No. 333-229180) (the “Registration Statement”). The Registration Statement was initially filed with the Securities and Exchange Commission (the “Commission”) on January 10, 2019. The Registrant understands that, pursuant to Rule 477(b) of the Act, this application for withdrawal will be deemed granted at the time filed with the Commission unless, within 15 calendar days after the filing, the Commission notifies the Registrant that the application for withdrawal has not been granted.
At this time, the Registrant has determined not to pursue the registration and sale of the securities covered by the Registration Statement. The Registrant believes that this withdrawal request is consistent with the public interest and protection of investors as required by Rule 477(a) of the Act and represents, in accordance with Rule 477(c) of the Act, that there has been no issuance, distribution or sale of the securities under the Registration Statement.
https://sec.report/Document/0001493152-20-000557/So it seems that Bitwise also withdraw their application to SEC for a Bitcoin ETF. Perhaps they know that it has a slim chance to be approved, as the market is really
'prone to manipulation', just saying.