Translation of the Title: Bitwise Reveals $2.5 Million Seed Fund Size for its Physical Ethereum ETF
Publication Time:2024-07-23 05:21:06
Translation of the Body: Golden Finance reported that Bitwise announced through its official channels that the seed fund size for its Physical Ethereum Exchange-Traded Fund (ETF) is $2.5 million. This move marks Bitwise as the first issuer to openly share the size of its fund, offering investors a more transparent market landscape. Bitwise's Physical Ethereum ETF aims to provide investors with direct investment opportunities in Ethereum assets without the complexity of derivatives or borrowing. The public disclosure not only increases market transparency but also further advances the acceptance and recognition of crypto asset in traditional financial sectors.
Bitwise
Physical Ethereum ETF
Seed Fund
$2.5 Million
Issuer