Wu said that the US Securities and Exchange Commission (SEC) announced on June 10th that it has officially launched a review process to decide whether to approve the application for NYSE Arca to list and trade the Bitwise Bitcoin and Ethereum Spot ETF. The ETF assets will be allocated to Bitcoin (approximately 83%) and Ethereum (approximately 17%) based on market capitalization weights. The SEC stated that initiating the process does not necessarily mean a conclusion has been reached, but rather to further evaluate whether the product complies with relevant regulations to prevent manipulation and protect investor interests. The public opinion collection period is 21 days after the announcement is released, and the deadline for rebuttal opinions is 35 days. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43789