đ¨ TODAY: The SEC unexpectedly halts the conversion of Bitwiseâs 10 Crypto Index Fund into a spot ETF â just days after granting initial approval.
This ETF wouldâve included a basket of top assets:
$BTC , $ETH , $XRP , $SOL, $ADA, $SUI, $LINK, $AVAX, $LTC, and $DOT.
The sudden reversal raises major questions:
đ Is regulatory uncertainty back on the table?
đ What triggered the pause after a green light?
đź Could this delay broader crypto ETF momentum?
Investors and institutions are now watching closely as the SECâs next move could set the tone for multi-asset crypto ETFs moving forward.