Bitcoin’s Next Mega-Buyer? Watch Japan Closely, Says Bitwise Exec
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 […]
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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 […]
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 […]
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 Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States.While dropping its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....
Tibanne KK, the parent company of the now-bankrupt Japan-based bitcoin exchange Mt. Gox, is currently searching for investors to buy the company's trademark rights to the word "bitcoin". The company first acquired the trademark in 2011, and the rights to associated protections are not set to expire until 2021 in the EU and in 2022 in Japan. However, the potential sale of the bitcoin trademark raises questions over the validity of the "bitcoin" trademark and whether it could be held up in court owing to the word's general usage throughout the digital currency ecosystem. For an expert's....
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....