Bitwise To Launch Bitcoin Ethereum Strategy ETF On October 2

Bitwise To Launch Bitcoin Ethereum Strategy ETF On October 2

After having amended its application for the spot Bitcoin Exchange-Traded Fund (ETF), crypto asset management firm Bitwise Asset Management announced that trading for two of its Ethereum themed ETFs is set to begin on October 2, 2023.

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Bitwise Ethereum Based ETF Launch

The company announced that trading would begin for the Bitwise Ethereum Strategy ETF ($AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ($BTOP). Bitwise said that with this, investors will be able to gain exposure to CME Ether futures through the widely popular and regulated ETF format “for the first time.” In a statement, the company’s CIO Matt Hougan said,

“The portfolio opportunity with Ethereum is broader than Bitcoin. Some investors consider Ethereum an alternative, while others see it as a traditional growth investment. It has elements of both.”

Several companies which are vying for the spot Bitcoin ETF approval have applied for the Ethereum ETF race. In a latest, CoinGape reported that asset management firm Invesco is also interested in launching the Invesco Galaxy Ethereum ETF.

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Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1,200 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at or or

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.


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