US SEC Approves Bitwise Crypto Index ETF Conversion Application, Then Urgently Halts It

According to The Block, the U.S. Securities and Exchange Commission (SEC) approved Bitwise's application for "accelerated conversion" of the 10 Crypto Index ETF on July 22, but it was subsequently halted by SEC Assistant Secretary Sherry R. Haywood, who announced that it would be re-examined. Bitwise's fund covers assets including BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, and DOT. [Foresight News]