Tag: bitwise

Jun 30 2022

Bitcoin crashes under $20K as SEC rejects Grayscale spot ETF application

Jun 30 2022 Published at CryptoSlate under tags  bitcoin etf bitwise grayscale regulation sec

Bitcoin (BTC) fell below $20,000 after the SEC rejected Grayscale's application to turn its Bitcoin trust into a spot Bitcoin ETF. BTC was trading at $18,934 at its lowest following the news but has since marked a small recovery and was trading at $19,047 as of press time, according to CryptoSlate data....

Apr 18 2022

Grayscale CEO: Spot Bitcoin ETF Is A Matter Of When, Not If

In an interview with CNBC, the CEO of Grayscale Investments argued that his company sees the approval of a spot bitcoin ETF as a matter of time.The listing of a spot bitcoin exchange-traded fund (ETF) in the U.S. is only a matter of time, said Grayscale Investments CEO Michael Sonnenshein.The chief executive recently discussed the market need and impending approval for...

Feb 16 2022

SEC Demands Bitwise To Clarify Concerns Over Share Manipulation

Feb 16 2022 Published at Bitcoinist.com under tags  bitcoin bitwise crypto news sec vaneck

The agency's worries about the forthcoming project include liquidity and the possibility of share controls. The SEC has informed Bitwise investment company about salvaging issues with share monopolization, fraudulent acts, and other possible challenges that can arise in its planned spot Bitcoin ETF. This information was passed as a notice to Bitwise on Tuesday. What is Bitwise? Bitwise was the first and biggest...

Dec 17 2021

Bitwise Introduces NFT Index Fund

One of the leading crypto index fund managers in the world, Bitwise Asset Management, announced yesterday that it has launched Bitwise Blue-Chip NFT Index Fund.

Dec 03 2021

Report: DeFi could rewrite the traditional finance landscape

Dec 03 2021 Published at CryptoSlate under tags  bitwise defi

A San-Francisco-based crypto index fund manager, Bitwise, has released a report showing its perspective of the burgeoning decentralized finance (DeFi) sector saying it could have an Amazon-like effect on the...

Oct 14 2021

Bitwise Re-Files for Bitcoin ETF, Here’s Why the Firm Believes it will Secure Approval this time

Oct 14 2021 Published at Coingape under tags  bitcoin bitcoin etf bitcoin news bitwise btcbrl

Popular asset manager Bitwise has filed for a Bitcoin Exchange Traded Fund (ETF) product with NYSE Arca, a major move it is making after the rejection of its previous applications. As unveiled by the company’s Chief Investment Officer, Matt Hougan, Bitwise currently has an active Bitcoin Futures ETF application, however, the firm believes that an The post Bitwise Re-Files for Bitcoin ETF, Here’s...

Bitwise Files For Physically Backed Bitcoin ETF

Oct 14 2021 Published at Bitcoin Magazine under tags  bitcoin etf bitwise btc business

The firm's CIO explained their filing's rationale, sharing that the SEC can now approve an actual bitcoin ETF.Bitwise Asset Management has filed for a physically-backed bitcoin ETF with NYSE Arca, according to a new filing with the SEC.The exchange-traded fund would trade spot bitcoin instead of BTC futures, as most filings have recently sought to do."The market has matured," Bitwise...

Jul 27 2021

What Will A Bitcoin ETF Mean For Adoption?

Matt Hougan of Bitwise discussed when a bitcoin exchange-traded fund (ETF) will be approved in the U.S. and what it will mean for investors.Watch This Episode On YouTubeListen To This Episode:...

Jun 16 2021

Crypto Asset Manager Bitwise Raises $70 Million in Latest Funding Round

Earlier this week, Bitwise announced that it had gained the financial backing of a new list of investors -- including KKR founder Henry Kravis and billionaire hedge fund manager Stan Druckenmiller. The round, which raised $70 million at a valuation just north of $500 million, featured investors including Electric Capital, Moore Strategic Ventures, Vetamer Capital, and Third...

Ethereum Gas Prices Down 90% Over the Past Month

Jun 16 2021 Published at Unchained Podcast under tags  bitcoin bitwise crypto dydx ethereum

June 16, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jun 15 2021

May 14 2021

Why an Elon Tweet Sent Bitcoin Below $50k

PLUS: Vitalik thinks UNI should become a price oracle. The biggest news of the week came from the likeliest of places: Elon Musk’s Twitter account, where he tweeted out an announcement putting a halt on BTC purchases for Tesla vehicles due to the environmental concerns associated with Bitcoin’s proof-of-work consensus algorithm. Outside of Elon, Tesla, and Bitcoin, a few other big names made...

May 13 2021

Bitwise’s New ETF Offers Regulated Exposure to Crypto Company Stocks

Each of the included companies must hold “$100 million of liquid crypto assets on their balance sheet.”

Mar 24 2021

Will the US Get a Crypto ETF Now that Jay Clayton’s Out of Office?

A wave of new Bitcoin & crypto ETF applications have hit the SEC. Will any of them be approved?

Feb 19 2021

Bitwise Launches Institutional DeFi Index Fund as TVL Tops $50B

Crypto asset management firm Bitwise has entered the burgeoning decentralized finance market with its own index fund containing nine DeFi tokens. Bitwise launched the new product on February 17, touting it as the “world’s DeFi crypto index fund.” It is only available to accredited investors. However, it shows an increase in interest from large institutional companies. Bitwise was founded in 2017 and already...

Feb 17 2021

Bitwise Launches DeFi Index Fund For Accredited Investors

Bitwise has announced the launch of a DeFi Index Fund. Institutional investors can now participate in this fund and gain exposure to many bluechip DeFi tokens. Institutions Can Invest in DeFi via Bitwise's New Crypto...

Bitwise Launches DeFi Crypto Index Fund

Feb 17 2021 Published at CoinDesk under tags  bitwise crypto funds defi markets matt hougan

The fund bets on 10 Ethereum-based protocols angling to shape the future of finance.

Feb 02 2021

Bitwise To Launch Bitcoin Shares on U.S. Brokerages

Feb 02 2021 Published at Crypto Briefing under tags  bitcoin bitwise business etf grayscale

Bitwise Asset Management has initiated the process for listing shares of its Bitcoin Fund on OTCQX, the largest OTC market in the U.S. Bitwise Lists Bitcoin Investment Instrument American digital asset...

Bitwise Files for Approval to Publicly Trade Its Bitcoin Fund

Feb 02 2021 Published at CoinDesk under tags  bitcoin funds bitwise finra markets news

The fund aims to compete with Grayscale's Bitcoin Trust and others by offering a 50 basis point lower expense ratio.

Jan 15 2021

Advisers Allocating Crypto in Clients’ Portfolios Rose 49% Last Year: Survey

Jan 15 2021 Published at CoinDesk under tags  bitcoin client bitwise coinflash news surveys

The number of advisers allocating to crypto in client portfolios rose from 6.3% to 9.4% in 2020.

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