Bitwise Advertises its Ethereum ETF on NYSE Facade
According to a video shared by Bitwise executive Teddy Fusaro, the company hung a banner promoting their new Ethereum exchange-traded fund on the facade of the New York Stock Exchange on Thursday.
The banner, displaying “ETHW, Bitwise Ethereum ETF,” received attention on X, with former Coinbase CTO Balaji Srinivasan stating that the SEC has conceded to the power of Ethereum as a regulator.
The ETF, which launched on Tuesday, saw significant net inflows of $204 million on its first day, and continues to receive attention and investment, with $29.6 million and $16.3 million in net inflows recorded on Wednesday and Thursday respectively, as reported by data from SosoValue.