Trump Won’t Buy Bitcoin Until It Hits $60,000, Claims Bitwise Exec
Jeff Park, Head of Alpha Strategies at Bitwise, asserted on Sunday, March 9, that US President Donald Trump will hold off on further Bitcoin purchases until it reaches a price close to $60,000. Park’s remarks, shared via his official account on X, were made against the backdrop of growing speculation around so-called “budget-neutral” methods the […]
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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 […]
According to TikTok’s Policy account on X, claims that its Chinese owners are snapping up $300 million worth of the Official Trump (TRUMP) memecoin are flat-out wrong. Related Reading: Eric Trump Gives Justin Sun Some ‘Love’ — Insists He’s No Player In Tron’s Public Venture The post called the idea “patently false and irresponsible.” It even […]
In a conversation with journalist Laura Shin on the latest episode of Unchained, Bitwise Head of Alpha Strategies Jeff Park sketched a future in which Japan’s financial system—and the political imperatives that underpin it—place the country at the fulcrum of the next major wave of institutional Bitcoin adoption. Park, a former macro portfolio manager who […]
Former US President Donald Trump claims that he dislikes bitcoin because it is a competitor to the dollar, which he wants to be the world’s currency and urged US regulators to take action to monitor it. Trump Thinks Bitcoin Is A Scam Trump was asked about his opinion on cryptocurrency and the US stock market […]
Bitwise's CIO explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF. Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States.While dropping its futures-linked ETF, the firm is still bullish on a spot Bitcoin ETF, which is designed to track Bitcoin directly, Bitwise chief investment officer Matt Hougan announced on Nov. 10.Hougan said that Bitwise’s spot filing remains intact and the firm will continue its efforts to launch....