A video posted by Teddy Fusaro, president of Bitwise, shows a banner promoting its Ethereum spot ETF rising outside the New York Stock Exchange building. The banner reads "ETHW, Bitwise Ethereum ETF" to advertise its new ETF product.
Bitwise President Teddy Fusaro posted on the X platform that the Bitwise Ethereum ETF banner was raised on the exterior of the New York Stock Exchange. Investor Balaji Srinivason commented: "The flag of ETH is flying over Wall Street. The SEC capitulated to a stronger regulator. Because now Ethereum provides standardised market access for all internet participants. The network triumphs over the state."