Bitwise CEO Stays Positive Despite SEC's Move to Delay Bitcoin ETF Decision
Aug.14 — Cryptocurrency enthusiasts will have to wait at least a couple more months to see if the SEC will make their dream of a bitcoin ETF a reality. The SEC delayed decisions on whether to approve three bitcoin ETF proposals until the fall. It was scheduled to rule on three proposals, including one from Bitwise Investment Advisers. Bloomberg’s Eric Balchunas and Scarlet Fu discuss the bitcoin ETF delay and break down the Bitwise 10 Large Cap Crypto Index (ticker: BITX) with Hunter Horsley, CEO of Bitwise Asset Management, and Matt Hougan, global head of research of Bitwise Asset Management.