Odaily News It is understood that Bitwise, the latest applicant for spot Ethereum ETF, hopes that the U.S. SEC will postpone approval until December. Matt Hougan, chief investment officer of Bitwise, believes that the asset management industry is too focused on Bitcoin products and cannot provide the necessary resources for the flourishing development of Ethereum ETF. s concern. It is understood that Bitwise’s spot BTC ETF currently ranks fifth in Cointucky Derby, with a total of over US$2 billion in assets under management. (Forbes)