Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

SEC Begins Seeking Comments From Public on Bitwise’s New Crypto ETP

The U.S. Securities and Exchange Commission (SEC) is asking the public’s opinion on crypto firm Bitwise’s new exchange-traded product (ETP). In a new filing, the regulatory agency says it’s seeking comments from the public on Bitwise’s new exchange-traded fund (ETF), which would hold a combination of Bitcoin ( BTC ) and Ethereum ( ETH ), to advance its application. “Interested persons are invited to submit written data, views and arguments concerning the foregoing, including whether the proposed rule change is consistent with the [law].” In a thread on the social media platform X, Bitwise stated its goal with the dual ETP was to simultaneously give traders easy access to the two biggest digital assets by market cap. “NYSE Arca filed to list a Bitwise ETP that would hold both spot Bitcoin and Ether, weighted by market cap. The goal: give investors balanced exposure to the two largest crypto assets in the world in an easy-to-access format.” Spot market ETFs allow investors to expose themselves to specific assets, such as precious metals or crypto, without the need to actually purchase them. In the filing, the SEC notes that the new ETP “will operate in materially the same manner as the Spot Bitcoin ETPs and Spot Ether ETPs previously approved by the Commission.” Bitwise first announced its plan to launch a BTC and ETH ETF in November when it filed an S-1 registration statement with the SEC. BTC and ETH are trading for $100,786 and $3,890 at time of writing respectively. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE-2 The post SEC Begins Seeking Comments From Public on Bitwise’s New Crypto ETP appeared first on The Daily Hodl . CoinOtag

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Pepe Loves Santa (PEPESAN) Solana Memecoin Will Explode Over 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

Pepe Loves Santa could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Pepe Loves Santa (PEPESAN), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because PEPESAN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Pepe Loves Santa can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Pepe Loves Santa could become the next viral memecoin. Pepe Loves Santa launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Pepe Loves Santa on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Loves Santa by entering its contract address – 9FuN9o4pQgF3NF1v2saWvb7b9hNKDJ1DGU6LSbur437Q – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPESAN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. CoinOtag