The Bitwise Bitcoin ETF application has been approved by the US SEC.
BlockBeats News, July 13th, financial analyst James Seyffart stated in a post that Bitwise's application for a spot Bitcoin ETF review has been approved by the SEC, officially starting the review process. However, Seyffart also stated that "this is just one step in the process, and even if Gensler/SEC plans to reject them next month, it could still happen."