Bitwise has officially registered a Delaware statutory trust for a potential Uniswap-linked exchange-traded fund (ETF). This act represents an important preparatory step prior to any future SEC filing, especially after regulatory scrutiny was reduced concerning Uniswap Labs.
Analysts indicate that any future ETF evaluation will predominantly focus on the market structure and liquidity associated with the Uniswap protocol, rather than purely on compliance aspects. However, uncertainties in the ETF approval process remain, emphasizing the need for clarity in market practices.
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