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Bitwise Will Refile Its Bitcoin ETF Application ‘as Soon as Appropriate’

Published 10/10/2019, 06:14 AM
Updated 10/10/2019, 06:21 AM
© Reuters.  Bitwise Will Refile Its Bitcoin ETF Application ‘as Soon as Appropriate’

Bitwise Asset Management and NYSE Arca have confirmed they will refile their application for a Bitcoin (BTC) exchange-traded fund (ETF) after the United States regulators rejected it.

According to a press release published on Oct. 9, the companies said that while the U.S. Securities and Exchange Commission (SEC) refused their ETF application, they were buoyant about the progress.

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