Bitwise has registered a statutory trust for a Uniswap (UNI) ETF in Delaware, marking the initial step toward a formal SEC filing. This move occurs as Bitcoin and Ethereum ETFs face significant outflows, reflecting broader risk-averse sentiment in the crypto market. Despite mixed investor flows in altcoin ETFs, the UNI price shows modest gains, supported by potential institutional interest and contrarian sentiment amid negative social media commentary.

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