3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO
In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to embrace ETH, while also presenting a critical viewpoint for remaining invested solely in BTC. Ethereum Vs. Bitcoin: 3 Reasons Pro-Ethereum Hougan began by emphasizing the importance of....
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In a detailed tweet that caught the attention of the crypto community, Bitwise chief information officer (CIO) Matt Hougan put forth five comprehensive reasons explaining why he believes Ethereum (ETH) stands out as a more compelling investment opportunity than even Bitcoin. Notably, Bitwise is among the firms that launched their Ether futures ETFs yesterday, as […]
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 […]
Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation.
The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. U.S. retail investors will be able to get exposure to Bitwise's new crypto index fund — albeit indirectly.According to a Dec. 9 statement from Bitwise Asset Management, shares of its crypto index fund will begin public quotation on over-the-counter, or OTC, markets under the BITW ticker. The move effectively makes the index fund, which is composed of 10 crypto tokens, tradeable using brokerage accounts, which retail investors are allowed to invest in. The announcement follows a....
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last week explaining three key reasons why ethereum is breaking out to new all-time highs. The first reason the firm’s analyst mentioned was “Increased institutional interest.” Ark Invest pointed out that a number of....