SEC finally approves Bitwise's hybrid crypto ETF featuring LINK, ADA, SUI, etc.

After a long period of delay, the Bitwise 10 Crypto Index ETF (BITW), valued at $1.25 billion, will start trading today on the NYSE Arca exchange. BITW is currently focused on 10 types of crypto:

1️⃣ Bitcoin: 74.34%
2️⃣ Ethereum: 15.55%
3️⃣ XRP: 5.17%
4️⃣ Solana: 3.07%
5️⃣ Cardano: 0.65%
6️⃣ Chainlink: 0.39%
7️⃣ Litecoin: 0.26%
8️⃣ Sui: 0.24%
9️⃣ Avalanche: 0.24%
🔟 Polkadot: 0.14%

With an index basket structure managed similarly to traditional commodity funds, BITW could attract additional capital inflows from major players who are still hesitant to hold tokens directly.