Bitwise Asset Management has secured initial approval from the U.S. Securities and Exchange Commission (SEC) for its Bitcoin and Ethereum exchange-traded product (ETP). On January 30, the SEC granted "accelerated approval" for Bitwise's 19b-4 filing, marking a key regulatory milestone. The final hurdle before trading begins is the SEC's decision ...
U.S. President Donald Trump’s recent executive order on cryptocurrency may disrupt the market’s traditional four-year boom-and-bust cycle, according to Matt Hougan, chief investment officer at Bitwise. In a note dated January 29, Hougan described Trump’s sweeping January 23 order as a catalyst for the “full mainstreaming of crypto,” opening the ...
Hunter Horsley, the CEO of Bitwise Asset Management, announced that a national government is considering investing in Bitcoin, including exchange-traded funds (ETFs). On January 16, Horsley shared a post on X, revealing that they have provided information about Bitcoin ETFs to an unnamed nation-state. This nation is considering reallocating a ...
U.S. based asset management firm Osprey Funds is preparing to convert its Bitcoin trust into an exchange-traded fund (ETF) following the collapse of its acquisition deal with Bitwise. In a statement on January 14, the firm announced its intention to file a Form S-1 with the U.S. Securities and Exchange ...
A growing number of financial advisors recognize the potential of cryptocurrency investments, yet many clients are left to navigate the market independently due to access barriers. A recent survey conducted by Bitwise Asset Management and ETF data provider VettaFi highlights this disconnect, even as interest in digital assets like Bitcoin ...
Hunter Horsley, CEO of Bitwise Asset Management, has highlighted the potential for the economic policies of the incoming Donald Trump administration in the United States to influence the cryptocurrency industry significantly. In a recent tweet, Horsley pointed out that the potential deregulation of mergers and acquisitions under the Trump administration ...
Bitwise Asset Management predicts that 2025 will be a landmark year for cryptocurrency companies going public, with at least five “crypto unicorns” expected to launch Initial Public Offerings (IPOs). In their “10 Crypto Predictions for 2025” report, Bitwise’s Chief Investment Officer, Matt Hougan, and Head of Research, Ryan Rasmussen, have ...
Bitwise Asset Management announced today the rebranding of its European XRP exchange-traded product (ETP), now called the Bitwise Physical XRP ETP (GXRP). Hunter Horsley, CEO and Co-Founder of Bitwise emphasized the unique attributes of XRP and its blockchain, the XRP Ledger (XRPL), noting its reliability over the past decade. "We’re ...
Bitwise Asset Management, a prominent crypto asset manager with over $11 billion in client assets, has expanded its investment offerings in the cryptocurrency space. The firm recently filed a proposal with the SEC to launch an exchange-traded product (ETP) combining exposure to spot bitcoin and ether, the two largest cryptocurrencies. ...
Bitwise is reportedly preparing to file for an XRP exchange-traded fund (ETF) with Delaware's Department of State's Division of Corporations. According to Nate Geraci, a well-known cryptocurrency analyst, this move is a strategic political decision, likely timed to coincide with the upcoming U.S. elections in November 2024. Geraci, who expressed ...
