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Bitwise Seeks to Convert $1.3B Crypto Index to ETP

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Summary
Nutrition label

86% Informative

NYSE Arca has filed a Form 19b-4 to uplist the $1.3 billion Bitwise 10 Crypto Index Fund ( BITW ) as an ETP .

The conversion effort aims to enhance the fund’s efficiency and regulatory protections.

BITW launched in November 2017 as the world's first crypto index fund, with shares currently quoted on the OTCQX Best Market.

VR Score

87

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87

Neutral language

55

Article tone

formal

Language

English

Language complexity

65

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medium-lived

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