The U.S. SEC received a blood letter overnight! Bitwise's dual-coin ETF reveals its ultimate move: Bitcoin and Ethereum will explode tonight!!!

Urgent report! Urgent report!!!

Breaking! The U.S. Securities and Exchange Commission (SEC) has just officially announced the receipt of Bitwise's amendment for physical redemption of the Bitcoin + Ethereum spot ETF, causing the global cryptocurrency community to go into a frenzy! This means that the most significant crypto financial nuclear bomb of 2025 has officially entered the final countdown to launch!

Physical Redemption: The 'Dragon-slaying Sword' of institutional whales

What is physical redemption?

In simple terms, it is 'exchanging coins for shares': large holders can directly exchange Bitcoin/Ethereum for ETF shares (without buying and selling for cash)

Destructive power analogy: Equivalent to exchanging gold stored in a bank for gold bar certificates; institutions no longer have to sell off to cash out!

Bitwise's ambition:

To directly open a cross-universe channel between the crypto world and the stock market! Once approved, Wall Street giants can use stock accounts to strike at coin prices with zero friction; the current $2 million sell wall pressing down on altcoins? A whale can swallow it whole!

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

The SEC's lightning response this time is no coincidence:

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

Competitive pressure:

Grayscale, Fidelity, and 7 other institutions are already eyeing the situation

If Bitwise secures the first physical redemption, it will exclusively enjoy a trillion-level institutional capital pool $BTC