Coinbase Just Triggered A Major Crypto Turning Point, Bitwise Warns
Bitwise CIO Matt Hougan says crypto may have just crossed into a new structural era—and he argues that Coinbase is the catalyst. In a November 11 memo titled “The Next Big Disruption From Crypto,” Hougan writes that he “caught a glimpse of the future this week,” identifying a fourth major crypto-driven disruption: capital formation. Hougan […]
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Crypto asset management firm Bitwise announced the launch of the ‘Bitwise Crypto Industry Innovators ETF’, the first listed ETF in the US with ‘crypto’ in it’s name. Bitwise has over $1.5B in assets under management. The Bitwise ETF The Bitwise ETF will be listed on the New York Stock Exchange under the ticker BITQ. The […]
The cryptocurrency industry just scored a major victory with the SEC’s decision to drop its lawsuit against Coinbase. Brian Armstrong, the CEO of Coinbase, shared the news on X, and it has sent shockwaves throughout the crypto world. This marks a turning point for the industry, signaling a shift in the SEC’s aggressive stance toward […]
Bitwise has taken another major step towards its bid to launch a US XRP spot ETF. This development follows the asset management’s achievement in launching the first-ever US Solana Spot ETF last week on the New York Stock Exchange (NYSE). Related Reading: Another Company Holding A Substantial Amount Of XRP Has Been Revealed Bitwise Re-submits […]
On February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to deploy its shares publicly via over-the-counter (OTC) desks and secondary markets. Bitwise Plans to Compete With Grayscale’s Bitcoin Trust The popular cryptocurrency index fund provider, Bitwise Asset Management, hopes to get regulatory approval from America’s financial regulators in order to publicly list the Bitwise Bitcoin Fund on OTC markets. The Bitwise....
Following a significant rally, the valuation of gold has begun to decline. Meanwhile, Bitcoin (BTC) appears to be experiencing a slight capital rotation towards it, as evidenced by Tuesday’s price performance, which led to a recovery of the $112,000 mark. In this context, asset manager Bitwise has released a new report that outlines promising price prospects for the market’s leading cryptocurrency, despite the challenges it has faced over the past few weeks. How Gold’s Rise Fuels Bitcoin Opportunities Authored by Andre Dragosch, Max Shannon, and Aayush Tripathi from Bitwise....