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...
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...
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:...
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...
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...
Each of the included companies must hold “$100 million of liquid crypto assets on their balance sheet.”
A wave of new Bitcoin & crypto ETF applications have hit the SEC. Will any of them be approved?
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...
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...
The fund bets on 10 Ethereum-based protocols angling to shape the future of finance.
Bitwise saw record inflows into its funds during Q4 2020, surpassing the total cumulative inflows of 2018 and 2019 combined.
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.
Trading volumes for Grayscale's Bitcoin and Ethereum shares and Bitwise's 10 Crypto Index Fund surpass traditional stocks on top U.S. OTC markets. Traders Scoop Crypto on OTC Markets OTC Markets Group Inc. shares trade on leading brokerage desks like Fidelity, Schwab, E*Trade, and TD...
News