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Bitwise is ‘feverishly’ working towards gaining the SEC’s approval: Matt Hougan

Bitwise is ‘feverishly’ working towards gaining the SEC’s approval: Matt Hougan – AMBCrypto

Bitwise’s Bitcoin Exchange Traded Fund [ ETF] was recently shot down by the SEC, with the agency citing that it would pave the way for manipulative acts and practices. The United States’ financial regulator had previously published a 112-page document, detailing the reasons behind the rejection, with Bitwise, surprisingly, hailing the careful consideration the SEC gave its application.