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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
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The U.S. SEC has postponed the decision on the Bitwise 10 Crypto Assets Index ETF application.
Gate News bot message, the SEC announced today that it will take an additional 60 days to decide whether to approve the proposed rule change for the listing of the Bitwise 10 Crypto Index Fund submitted by NYSE Arca, which covers major crypto assets such as BTC, ETH, XRP, SOL, and ADA.
The resolution regarding this application was originally scheduled for June 1 but has now been postponed to July 31. NYSE Arca first submitted the proposed rule change in November 2024 and published a request for public comment in the Federal Register last December.
The SEC initially postponed its decision on the ETF application on January 14, and then on March 3, it initiated proceedings to determine whether to approve the proposal.
Bitwise 10 Crypto Assets Index Fund (BITW) was launched in November 2017, aiming to provide investors with diversified exposure to the top ten highest market capitalization and highest valued crypto assets.
The fund tracks the Bitwise 10 Large Cap Crypto Assets Index, which selects the top ten crypto assets based on criteria such as market capitalization, minimum trading volume, concentration limits, and regulatory compliance.
As of May 27, 2025, the fund is valued at 1.4 billion dollars, with BTC having the highest proportion at nearly 78%, followed by ETH and XRP. Other crypto assets include Solana, Cardano, Sui, Chainlink, Avalanche, Litecoin, and Polkadot.
Source: Crypto Briefing