The founders and co-CEOs of failed tech company Bitwise have been charged for a $100 million fraud scheme following a federal investigation.

The SEC’s approval marks a key milestone for bitcoin and ether ETPs, bringing their creation and redemption processes in line with those of traditional-asset ETFs and ETPs.

The Bitwise co-founders pleaded guilty to two federal charges in court Wednesday morning.

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup The asset manager said the launch of the spot crypto exchange-traded funds this year has made futures-based crypto products less ...

The disgraced co-founders behind Fresno-based Bitwise Industries, the now-defunct startup whose collapse last year after a glitzy expansion into Bakersfield cost investors an estimated $115 ...