Bitwise CEO reminds ETHW that it is not suitable for all investors and has high risks and high volatility
According to online reports, Bitwise CEO Hunter Horsley issued a post on the X platform saying that he was very happy to see that Bitwise Ethereum exchange-traded funds ETHW, iShares, and Fidelity had inflows of funds this Friday, reminding ETHW that it is not an investment company registered under the 1940 U.S. Investment Company Act., therefore, it is not protected by the law. ETHW is not suitable for all investors and has high risks and high volatility.
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