Quick Breakdown Bitwise CIO Matt Hougan says banks should raise deposit rewards instead of fighting stablecoins. Stablecoins offer yields of up to 5%, far outpacing US bank savings rates. Banks are lobbying against stablecoin yields, citing risks to lending and market stability. Hougan accuses banks of exploiting depositors while lobbying ...
The U.S. Securities and Exchange Commission (SEC) has extended its review period for proposed Solana exchange-traded funds (ETFs) from Bitwise and 21Shares, setting a new deadline of October 16, 2025. The original decision date was August 17. In its August 14 filing, the regulator said the extension allows “sufficient time ...
Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, believes crypto investors may be underestimating the dramatic shift in regulatory sentiment following a recent speech by U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins. Speaking at the America First Policy Institute on July 31, Atkins laid out a vision for ...
A coalition of major players in the Solana ecosystem, including Jito Labs, VanEck, Bitwise, the Solana Foundation-backed Policy Institute, and Multicoin Capital, has formally appealed to the U.S. Securities and Exchange Commission (SEC) to permit liquid staking for Solana-based exchange-traded products (ETPs). Liquid staking allows investors to stake tokens while ...
In a surprising turn of events, the US Securities and Exchange Commission (SEC) has approved but immediately paused the conversion of Bitwise’s flagship crypto index fund into an exchange-traded fund (ETF), leaving the process in limbo pending further review. On Tuesday, the SEC’s Division of Trading and Markets granted “accelerated ...
Ethereum is evolving beyond its traditional role centered around NFTs and decentralized finance enthusiasts. According to a recent analysis by Bitwise Europe, the network’s base layer is increasingly becoming a major settlement platform for institutional investors, even as retail users shift their activity to other networks. 𝐓𝐡𝐞 𝐀𝐥𝐭 𝐕𝐢𝐞𝐰🔎 We ...
The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on multiple high-profile cryptocurrency ETF proposals, including Bitwise’s bid to incorporate Ether staking and Grayscale’s plan to launch an XRP ETF. The delays, announced on May 20, were anticipated by industry analysts who noted the regulator’s tendency to ...
Bitwise Asset Management has taken a fresh step in expanding its crypto ETF offerings by filing for a spot Near Protocol (NEAR) exchange-traded fund with the U.S. Securities and Exchange Commission (SEC). The move, disclosed in a May 6 registration statement, positions Bitwise among a growing wave of asset managers ...
Bitwise Asset Management has expanded its reach into the European market by launching four new cryptocurrency Exchange Traded Funds (ETFs) on the London Stock Exchange (LSE). This move provides increased accessibility for European investors seeking exposure to the digital asset market through regulated investment vehicles. These new ETs include the ...
Bitwise has reiterated its optimistic Bitcoin forecast, maintaining a $200,000 price target for 2025 despite increasing global trade tensions. In a recent blog post, Matt Hougan, Chief Investment Officer at Bitwise, supported the firm's previous prediction, suggesting that current geopolitical shifts, particularly related to U.S. trade policies under President Donald ...
