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The Latest Breaking News from Bitwise

Bitwise Reveals Crucial Spot Bitcoin ETF Amendment That Beats BlackRock's

Bitwise, one of the aspiring companies in the race, has recently submitted its updated S-1 Form, revealing its planned $200 million seed investment for its spot BTC offering.

International Business Times

SEC Increases Number Of Meetings With Spot Bitcoin ETF Applicants As Deadline Nears

Last week, the SEC reportedly called every applicant and offered them two choices: amend their filings by including cash creation and redemption model or else wait.

International Business Times

Bitwise Predicts Bitcoin To Surpass $80,000 Amid ETF Anticipation And DTCC Listing

Bitwise predicts Bitcoin to hit a record high surpassing $80,000 next year, crediting this surge to two main factors: the Bitcoin Halving event and the upcoming launch of a spot Bitcoin exchange-traded fund (ETF) in the U.S.

International Business Times

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SEC's First Wave Of Bitcoin ETF Approval Hinted At In Invesco's Updated S-1 Form, Says Analyst

In its recent filing, the spot Bitcoin ETF registration underlined that it will only use cash creations in response to the SEC's instruction to use the cash redemption model.

International Business Times

SEC Gave Multiple Bitcoin ETF Applicants 'Same Or Very Similar Instructions': ETF Analyst

On the eve of the potential approval of multiple spot Bitcoin ETF filings, rumor has it that the major issue now concerns whether the SEC would allow in-kind creations.

International Business Times

FTX Wins Court Approval To Sell Nearly $900M Worth Of Grayscale, Bitwise Trust Assets

FTX's stakes in these trusts would be sold in a manner that increases their value and does not impact the broader digital investment market, the court filing read.

International Business Times

Bitcoin Price Jumps Past $28,000; Ethereum Climbs On ETF Launches

Cryptocurrencies and related stocks rallied early Monday. Bitcoin price spikes to mid-August highs. Ethereum climbs on launch of futures ETFs.

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Bitwise CIO Pushes SEC To Give The Nod To All Bitcoin Spot ETF Applications

Cathie Wood, another contender in the Bitcoin ETF arena, also believes the SEC may greenlight more than one ETF in a single sweep.

Zenger

Bitwise bankruptcy ends plan for tech-training venture on South Side

The California-based firm closed abruptly, laying off 900 people, and filed for Chapter 7 bankruptcy amid several lawsuits and a report of an FBI probe.

Chicago Sun-Times

Bounced paychecks, frozen 401(k)s — How Fresno's 'shining star' let down the people it aimed to serve

In retrospect, the signs that trouble was brewing for Bitwise Industries had been piling up for months.

Los Angeles Times

Tech training center to open in Greater Grand Crossing

California’s Bitwise Industries is opening a facility in Chicago to train apprentices after getting $80 million in new funding. It hopes to hire 100 people in a year.

Chicago Sun-Times

Nonprofit wants to bring tech workforce hub to Greater Grand Crossing with help of $10M prize

Comer Education Campus is one of six finalists for the Pritzker Traubert Foundation $10 million Chicago Prize 2022.

Chicago Sun-Times

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