The post Bitwise’s Bitcoin & Ethereum ETF May Launch Next Week, Says Bloomberg! appeared first on Coinpedia Fintech News

Crypto investment firm Bitwise is reportedly gearing up to launch its Equal Weight Bitcoin and Ethereum Futures Exchange-Traded Fund (ETF) next week. This follows the company’s submission of an updated prospectus for the ETF to the regulators. With an expense ratio of 0.85% and the ticker symbol BTOP, Bitwise’s ETF joins VanEck’s fund, which is also set to launch in the coming days. The launch comes at a time when Bitcoin and Ethereum prices have hit all-time highs, and investors are looking for regulated and easy ways to gain exposure to the cryptocurrencies.