#BTC再创新高 The SEC worked overnight on a blood letter! Bitwise's dual-coin ETF reveals its ultimate move: Bitcoin and Ethereum are about to explode tonight!!!

Urgent report! Urgent report!!!

Breaking! The U.S. Securities and Exchange Commission (SEC) has just officially announced it received the physical redemption amendment for the Bitcoin + Ethereum spot ETF submitted by Bitwise, and the global crypto community is in an uproar! This means that the most significant crypto financial bomb of 2025 has officially entered the final countdown to launch!

Physical redemption: The 'dragon-slaying saber' of institutional whales

What is physical redemption?

In simple terms, it means 'exchanging coins for shares': large holders can directly exchange Bitcoin/Ethereum for ETF shares (no cash transactions needed)

Comparative lethality: Equivalent to exchanging gold stored in the bank for gold bar certificates; institutions no longer need to sell off to cash out!

Bitwise's ambition:

To directly open up the intergalactic channel between the crypto world and the stock market! Once approved, Wall Street giants will be able to target coin prices with zero friction using stock accounts; the $2 million sell wall currently pressing down on altcoins? A whale can swallow it in one bite!

2. The life-and-death speed behind the amendment

The SEC's lightning response is no coincidence:

Policy tailwind: The Trump administration's clear pro-crypto stance, the new SEC chairman has stated they want to 'say goodbye to the ostrich policy', and in May they even admitted for the first time that 'most tokens are not securities'

Competitive pressure:

Grayscale, Fidelity, and six other institutions are already watching closely

If Bitwise captures the first physical redemption, it will enjoy a trillion-level institutional capital pool