Bitwise Registers Uniswap ETF Trust in Early Step Toward Potential Filing

In brief

• Bitwise has formed a Delaware statutory trust for a possible Uniswap-linked ETF, in a routine legal step that typically precedes an SEC filing.
• The move follows the SEC’s decision last year to close its investigation into Uniswap Labs, part of a broader pullback in crypto enforcement.
• Analysts say any ETF review would hinge on market structure, liquidity, and custody considerations rather than protocol legality.