Cboe BZX Exchange Files Form 19b-4 for Bitwise Solana ETP
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Bitwise Asset Management has announced that Cboe BZX Exchange has filed a Form 19b-4 to list a spot Solana exchange-traded product (ETP) from Bitwise. The ETP will directly hold SOL, Solana's native token. The launch is pending regulatory approval.
November 21, 2024 | 11:00 pm
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POSITIVE IMPACT
Bitwise Asset Management is set to launch a Solana ETP, pending regulatory approval. This product will directly hold SOL, potentially increasing Bitwise's market presence.
The introduction of a Solana ETP by Bitwise could attract investors interested in Solana, enhancing Bitwise's product lineup and market share in the crypto ETP space.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Cboe BZX Exchange has filed to list a new Solana ETP from Bitwise, pending regulatory approval. This move could enhance Cboe's offerings in the cryptocurrency space.
The filing for a Solana ETP indicates Cboe's expansion into cryptocurrency products, which could attract more investors and increase trading volume on the exchange.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80