Bitwise Files for Spot Uniswap ETF as Daily UNI Burn Hits Record High, Yet Price Falls 15%

Bitwise Investments has taken a major step toward bringing Uniswap (UNI) to the broader financial market, filing an S-1 registration with the US SEC (Securities and Exchange Commission) for a spot Uniswap ETF. The announcement marks a potential milestone for UNI adoption in institutional portfolios, yet the token’s price still struggles. Bitwise Filed for a Spot Uniswap ETF as Daily UNI Burn Hits a New High Bitwise recently registered the “Bitwise Uniswap ETF” entity in Delaware, a procedural move identical to previous spot ETF filings. “With the regulatory clouds cleared and Bitwise leading the charge, $UNI is about to become a staple in every institutional portfolio,” Whale Factor remarked source: https://beincrypto.com/bitwise-files-spot-uniswap-etf-uni-burns-soar/