Bitwise Global Research Director: Two cryptographic ETF proposals have been submitted to the SEC and are expected to be approved on October 14.

According to AMBCrypto, Bitwise Global Research Director Matt Hougan recently said that he has submitted two cryptographic ETF proposals to the SEC, one is an index-based ETF that will track the Bitcoin 10 large-cap stock encryption index, and the other is a bitcoin ETF. (Bitwise Bitcoin ETF) application for a bitcoin held in a regulated and insured third party. The proposal is expected to be approved on October 14.