Bitwise submits Uniswap ETF registration statement to the U.S. SEC, plans to track UNI

Odaily Planet Daily reports that asset management firm Bitwise has submitted a registration statement for the Bitwise Uniswap ETF to the Securities and Exchange Commission, becoming the first ETF institution to officially promote an ETF targeting Uniswap governance token UNI. The document shows that the fund’s main investment goal is holding UNI, initially without staking, with potential adjustments later; if approved, the custodian will be Coinbase Custody Trust Company. The application is set against the backdrop of a more favorable environment for crypto ETFs in the United States. (The Block)