Bitwise Takes Initial Steps Toward Uniswap-Linked ETF

Bitwise has established a Delaware statutory trust as a preliminary move towards launching an ETF linked to Uniswap. According to NS3.AI, this action does not involve an immediate filing with the U.S. Securities and Exchange Commission (SEC). The development comes after the SEC concluded its investigation into Uniswap Labs, indicating a shift in regulatory focus from enforcement to structural and liquidity aspects within the decentralized finance (DeFi) sector. Industry experts highlight that custody and liquidity are crucial factors for the approval of such financial products. Uniswap’s UNI token continues to demonstrate strong trading volumes, although operational complexities remain a challenge. The evolving regulatory landscape suggests a growing interest in addressing these complexities to facilitate the integration of DeFi into traditional financial systems.