The Fund would be the first index-based crypto investment vehicle to attain the status of SEC reporting company
United States, April 23, 2021 /AlexaBlockchain/ – San Francisco-based Bitwise Asset Management has publicly filed a Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (SEC) on behalf of the Bitwise 10 Crypto Index Fund (OTCQX: BITW).
Bitwise Asset Management
Bitwise is one of the world’s largest and fastest-growing crypto asset managers. As of March 31, 2021, Bitwise managed over $1.2 billion across an expanding suite of investment solutions. The firm is known for managing the world’s largest crypto index fund, and pioneering products spanning Bitcoin, Ethereum, and DeFi (decentralized finance).
Why it matters?: If the company succeeds in getting registered, it would designate the Trust as an SEC reporting company and register its shares pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended.
The Fund would be the first index-based crypto investment vehicle to attain the status of a reporting company by the SEC.