Bitwise secured the ticker for their hyped crypto ETF product at a competitive 0.67% fee structure, marking a significant milestone amid intense market turbulence. The backdrop: $200 million in daily outflows paired with a brutal 30% drawdown has tested investor conviction hard.



But here's the shift—the SEC is now allowing multiple ETF filings to advance, a stark reversal from years of blanket rejections across dozens of applications. That regulatory thaw matters. Institutional buyers are stepping in at $24, having watched the cascade sell-off from $35 unfold. The bottom-fishing phase looks real.

With the ETF launch now locked in, we're seeing the machinery of regulated capital moving into digital assets. Whether this marks the start of a sustained recovery or another leg in the volatility play remains the open question.
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SudoRm-RfWallet/vip
· 20h ago
0.67% fee is indeed cheap, but how long can this rebound last... Are the institutions that bought the bottom really making a profit?
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TopBuyerBottomSellervip
· 12-18 14:44
0.67% fee rate? That's so low! Institutions are really bottom-fishing, it seems the SEC has truly changed its attitude.
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StablecoinArbitrageurvip
· 12-18 14:32
actually, 67 basis points feels generous but those institutional buyers catching the knife at $24? that's the real tell. the correlation between sec approval momentum and dip-buying patterns is *chef's kiss*—been backtesting this exact setup for weeks.
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