Bitwise plans ETF merger, aims to launch Momentum-based Bitcoin and Ether fund

Asset manager Bitwise has filed a proposal with the US Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will use a momentum-based strategy targeting both bitcoin and ether futures. Bitwise to combine Bitcoin and Ethereum ETFs According to the SEC filing, (…)