you are currently viewing:SEC delays decision on Bitwise, 21Shares Solana ETF applications, opens public consultationMay 19, 2025-The SEC postponed its decision on Bitwise and 21Shares Solana ETF applications and opened public consultation to address market concerns. The agency said it would begin a new round of proceedings to assess whether the ETF proposals from asset managers Bitwise and 21Shares comply with key provisions of the Securities Exchange Act. Specifically, the SEC cited concerns related to market manipulation and investor protection, factors it is obligated to weigh before granting any ETF listing. Source: cryptoslate.com |
March 18, 2025-- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025.