{"id":38557,"date":"2025-07-24T11:46:46","date_gmt":"2025-07-24T11:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38557"},"modified":"2025-07-24T11:46:46","modified_gmt":"2025-07-24T11:46:46","slug":"bitwise-etf-sec-gives-greenlight-hits-pause-button-hours-later","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38557","title":{"rendered":"Bitwise ETF: SEC Gives Greenlight, Hits Pause Button Hours Later"},"content":{"rendered":"<div>\n<p>Bitwise made it through the front door, only to get shoved down the hallway and told to screw off. On Tuesday, the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">SEC\u2019s trading division<\/a> approved a first-of-its-kind multi-crypto ETF before the agency\u2019s top brass froze it.<\/p>\n<p>The pause came via Rule 431, a procedural tool used when internal consensus is polarized. Is this the deliberate slowing down of <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">cryptoization <\/a>in\u00a0America?<\/p>\n<blockquote>\n<p>\u201cSEC Division of Trading &amp; Markets has approved the Bitwise 10 Crypto Index ETF\u2026 However, like with the Grayscale Digital Large Cap ETF, this approval order is stayed.\u201d \u2014 Nate Geraci, President of Novadius Wealth Management<\/p>\n<\/blockquote>\n<h2>What\u2019s Inside the Bitwise 10 ETF?<\/h2>\n<p>The Bitwise 10 ETF would track a basket of top digital assets, weighted by circulating market cap. As of June 30, 2025 here\u2019s how the ETF looks:<\/p>\n<ul>\n<li><a class=\"cpp-widget-coin cpp-widget-99btc\" href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_blank\" rel=\"nofollow sponsored\" data-symbol=\"btc\" data-name=\"Bitcoin\" data-price=\"118583.000000000000000\" data-change=\"0.41\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\" data-cta_link=\"https:\/\/99bitcoins.com\/goto\/bestwallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\">BTC <span style=\"color: #37a72b;\">\u25b20.41%<\/span><\/a> dominated the index at 78.72%.<\/li>\n<li>Followed by <a class=\"cpp-widget-coin cpp-widget-99btc\" href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_blank\" rel=\"nofollow sponsored\" data-symbol=\"eth\" data-name=\"Ethereum\" data-price=\"3636.046300000000000\" data-change=\"-0.73\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\" data-cta_link=\"https:\/\/99bitcoins.com\/goto\/bestwallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/coinlogo\/4\/5b7fc72f06f17.svg\" alt=\"eth logo\">ETH <span style=\"color: #ef4546;\">\u25bc-0.73%<\/span><\/a>at 11.10%.<\/li>\n<li>XRP (4.97%) and Solana (3.03%) filled out the next tier<\/li>\n<li>Smaller slices allocated to ADA, SUI, LINK, AVAX, LTC, and DOT.<\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">The SEC has officially APPROVED the Bitwise XRP ETF! <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4c8.png\" alt=\"\ud83d\udcc8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#XRP<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#XRPCommunity<\/a> <a href=\"https:\/\/t.co\/RskTrC5O7E\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/RskTrC5O7E<\/a><\/p>\n<p>\u2014 BULLRUNNERS (@BullrunnersHQ) <a href=\"https:\/\/twitter.com\/BullrunnersHQ\/status\/1948045496519692454?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At least 85% of the ETF\u2019s holdings will stay within SEC-approved crypto ETFs, while the rest will go to newer tokens still waiting on greenlights.<\/p>\n<p>Coinbase Custody will hold the coins, and Bank of New York Mellon handles the fiat.<\/p>\n<h2>A New Pattern of \u201cApproval-with-Hesitation\u201d?<\/h2>\n<p>The SEC\u2019s latest stall has reignited criticism that the agency is dragging its heels, even as the crypto sector builds the infrastructure regulators once demanded.<\/p>\n<blockquote>\n<p>\u201cIMO, both of these should be allowed to convert\/uplist asap. Bizarre situation.\u201d \u2014 Nate Geraci, Novadius Wealth<\/p>\n<\/blockquote>\n<p>Despite the pause, the Bitwise 10 ETF checks every institutional box: secure custody, real-time pricing, compliance-ready structure. That makes the delay harder to justify, especially as demand for regulated crypto exposure climbs. The product isn\u2019t dead, but stuck in bureaucratic limbo for now.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-ceo-paolo-ardoino-hopes-for-net-positive-from-us-elections-says-bitcoin-strategic-reserve-is-a-great-idea-99bitcoins-exclusive\/\" target=\"_blank\" rel=\"noopener\">Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        On Tuesday, the SEC\u2019s trading division approved a first-of-its-kind multi-crypto ETF before the agency\u2019s top brass froze it.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Despite the pause, the Bitwise 10 ETF checks every institutional box: secure custody, real-time pricing, compliance-ready structure.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/bitwise-etf-sec-gives-greenlight-hits-pause-button-hours-later\/\">Bitwise ETF: SEC Gives Greenlight, Hits Pause Button Hours Later<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise made it through the front door, only to get shoved down the hallway and told to screw off. On Tuesday, the SEC\u2019s trading division approved a first-of-its-kind multi-crypto ETF before the agency\u2019s top brass froze it. The pause came via Rule 431, a procedural tool used when internal consensus is polarized. Is this the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38557","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38557"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38557\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}