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 ...
BlackRock, the world's largest asset manager, has reportedly filed for a spot Ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), today, November 16, 2023. This application comes exactly a week after it submitted the 19b-4 filings for the same spot ETF contract, named iShares Ethereum Trust ...
Bitwise has withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on August 3, 2023. This development has surprised investors as Bitwise did not provide a specific reason for this decision. Also, the timing of ...
