PANews reported on November 27 that according to official news, crypto asset management company Bitwise Asset Management announced that NYSE Arca, a subsidiary of the New York Stock Exchange, has submitted a 19b-4 application document to list a Bitwise exchange-traded product (ETP), which will hold both Bitcoin and Ethereum spot weighted by market value, providing exposure to both assets. According to the submitted documents, the ETP will directly hold both assets. The launch of the ETP still needs to wait for the approval of the Form 19b-4 document and the effectiveness of the Form S-1 registration statement.