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News Explorer — Pantera Capital Management Intends to Invest $100 Million in Bitwise's Ethereum ETF Pending SEC Approval

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Jun 19, 12:25 pm
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Pantera Capital Management Intends to Invest $100 Million in Bitwise's Ethereum ETF Pending SEC Approval

Bitwise Asset Management has revealed that Pantera Capital Management plans to invest $100 million in Bitwise's Ethereum ETF once it is approved by the SEC. Bitwise has also secured $2.5 million in seed capital for the ETF. The final filings are the last step before spot Ether ETFs can go public, and SEC Chair Gary Gensler believes this will happen soon.

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