Bitwise requests to withdraw the application for the "Bitcoin and Ethereum Market Cap Weighted Strategy ETF."

ChainCatcher news, Fox reporter Eleanor Terrett tweeted that Bitwise has requested to withdraw its initial application for the Bitwise Bitcoin and Ether Equal Weight Strategy ETF submitted on August 3, which aims to provide investors with a market-cap weighted exposure to BTC and ETH futures contracts.

Previous news, on August 11, Bitwise updated its submitted Bitcoin Strategy Optimum Roll ETF application from a Bitcoin futures ETF to the Bitwise Bitcoin and Ether Equal Weight Strategy ETF, with an effective date of October 9, 2023.