SEC delays ruling on these two Bitcoin ETF options
The Securities and Exchange Commiision (SEC) has extended the deadline because of its decision on the New York Stock Exchange (NYSE) program to provide options trading on Bitcoin ETFs. This particular delay impacts several options for trading on several Bitcoin ETFs, including the Bitwise Bitcoin ETF (BITB) and Grayscale Bitcoin Trust (GBTC). The SEC delayed […]
Bitwise Bitcoin ETF gains momentum with Daffy adoption
Daffy, a donor-advised fund platform, has selected Bitwise funds for cryptocurrency investments. This choice involves the launch of the BITB Bitcoin ETF, which indicates a shift from the prior reliance on the use of Vanguard funds. Hunter Horsley, the CEO of Bitwise, commended Daffy for its revolutionary mentality. He focused on the necessity of providing […]
Bitwise exec predicts $1T institutional shift to Bitcoin
Matthew Hougan, Chief Investment Officer at Bitwise, forecasted a huge surge of institutional investments into Bitcoin. He argued that ETFs could inject as much as $1 trillion into the digital asset. Hougan published these comments in a memo to investment professionals, which was a signal of a clear move toward crypto investments. Interest in Bitcoin […]
Bitwise Seeks SEC Nod for Groundbreaking Spot Ether ETF
Bitwise, a leading asset management firm, has officially filed with the United States Securities and Exchange Commission (SEC) for the creation and trading of a spot Ether (ETH) exchange-traded fund (ETF). The filing, submitted on March 28, marks a pivotal moment in the ongoing dialogue between the cryptocurrency industry and regulatory bodies regarding the classification […]
Who is Buying? May 15 set as key date for revealing Bitcoin ETF investors
Matt Hougan, the Chief Investment Officer at Bitwise, pinpointed May 15 as a crucial date for the Bitcoin and crypto community, emphasizing its importance for stakeholders in Bitcoin ETFs. Bitwise, ranking as the fourth-largest provider of spot BTC ETFs in the United States behind BlackRock, Fidelity, and Ark Invest in assets under management, anticipates revealing […]
Breaking: Bitwise’s bold prediction for Bitcoin ETFs – Buckle up
According to insights from Bitwise, a leading crypto asset manager, Bitcoin ETFs are poised for significant growth in the coming months. The Chief Investment Officer, Matt Hougan, anticipates a surge in demand for spot bitcoin ETFs, driven by various market participants. This surge is expected to include participation from larger U.S. wirehouses, which could further […]
Bitwise analyst sees equal odds for Ethereum ETF approval
In a recent dialogue with Yahoo Finance, Ryan Rasmussen, a researcher at Bitwise, shared insights on the evolving landscape of cryptocurrency exchange-traded funds (ETFs), particularly focusing on the prospects of spot Ethereum ETFs gaining approval from the U.S. Securities and Exchange Commission (SEC). Rasmussen’s analysis comes at a critical juncture as the financial industry anticipates […]
Bitwise shares wallet addresses for Spot Bitcoin ETF portfolio
Bitwise, the asset management behemoth, has just flipped the script on transparency in the cryptocurrency sector. By revealing the Bitcoin wallet addresses tied to its Spot Bitcoin ETF, Bitwise has not only set a precedent but also sent ripples across the finance and crypto spheres. This move, coming hot on the heels of the ETF’s […]
Bitwise pledges 10% of Bitcoin ETF profits to open-source dev
Bitwise Asset Management has announced its commitment to donate 10% of the profits generated by its Bitwise Bitcoin ETF (BITB) to support Bitcoin open-source development. This initiative marks a significant step in fostering the growth and sustainability of the Bitcoin ecosystem. Bitwise’s strategic support for Bitcoin developers The decision by Bitwise Asset Management to allocate […]
Financial advisers in the U.S. not confident in imminent Bitcoin ETF approval in 2024, survey reveals
A recent survey conducted by ETF issuer Bitwise revealed a prevailing skepticism among U.S.-based financial advisers regarding approving a spot Bitcoin ETF in 2024. The survey, which included a diverse group of financial professionals such as registered investment advisers (RIAs), financial planners, institutional investors, and wirehouse representatives, indicated that only 39% of the participants anticipate […]
Bitwise drops commercial for its spot Bitcoin ETF
In a bold and strategically-timed move, Bitwise, a San Francisco-based asset manager, has unveiled its latest endeavor to capture the burgeoning cryptocurrency market: a commercial for its spot Bitcoin ETF. This move, signifying a confident step forward in their ongoing application process with the US Securities and Exchange Commission (SEC), marks a pivotal moment in […]
Bitwise advances in US spot Bitcoin ETF race, eyes approval
In a significant development for the cryptocurrency industry, Bitwise Asset Management has announced the listing of its spot Bitcoin (BTC) ETF on the Depository Trust and Clearing Corporation (DTCC) under the ticker $BITB. This move comes as the likelihood of approval for a spot BTC ETF in the United States is rising. Bitwise’s endeavor aligns […]
2024 crypto roadmap: Bitwise’s forecasts in a nutshell
Cryptocurrency’s trajectory is shaping up to be an exhilarating ride, and Bitwise is at the forefront, charting the course for 2024. The past year has set a dynamic stage for the crypto world, and Bitwise’s bold predictions for the upcoming year are not just stirring the pot—they’re flipping it over. Bitcoin, ETFs, and Coinbase The […]
FTX moves to liquidate Grayscale and Bitwise assets in creditor repayment effort
FTX and its associated debtors have submitted a request to the U.S. bankruptcy court in Delaware. The objective is clear: to gain approval for the liquidation of certain trust assets. These assets, with a combined estimated value of $744 million, are held in various funds by Grayscale and Bitwise. This strategic move comes as part […]
Bitwise submits revised Bitcoin ETF to SEC
Bitwise marches forward with its revised Bitcoin ETF proposal to secure approval from the U.S. Securities and Exchange Commission (SEC). This move follows extensive feedback from the regulatory body, highlighting the firm’s adaptive strategies in the competitive ETF landscape. Analyst James Seyffart brought this development to light through recent social media activity. He observed that […]
Bitwise shifts gears: Ethereum Futures ETFs take center stage amid Bitcoin ETF challenge
Bitwise Asset Management, the leading crypto index fund manager in the United States, has filed Form 8-As for two new Ethereum futures ETFs, AETH and BTOP. These ETFs are scheduled to be listed and commence trading on Monday, October 2. Additionally, Bitwise has submitted amended registration statements for ETFs, AETH and BTOP. Bitwise files for […]
Bitwise strengthens Bitcoin ETF application amid SEC concerns
Bitwise Asset Management, the leading crypto asset manager, has recently fortified its application for a Bitcoin Exchange-Traded Fund (ETF) with substantial new information. This move is a part of Bitwise’s relentless pursuit to introduce a Bitcoin ETF, a pursuit highlighted by Bloomberg ETF Analyst James Seyffart in a recent tweet. Seyffart’s tweet sheds light on […]
Bitwise CEO predicts the start of a multi-year bull market for crypto, following interest from institutional investors
Cryptocurrencies are increasingly making their presence felt, according to Matt Hougan, CEO of Bitwise—the world’s largest crypto index fund manager. In an interview with Bloomberg, he predicted the start of a multi-year bull market in cryptocurrencies. This forecast is based on the market’s remarkable resilience in the face of regulatory challenges and the recent entry […]
