Bitcoin Bound For $100,000 As Bitwise CIO Claims It ‘Doesn’t Need Washington’...
With just four days to go until the US presidential election, crypto enthusiasts are hoping that a victory for their preferred candidate will lead to a higher Bitcoin (BTC) price. Who Will Be More Beneficial For Bitcoin? From a crypto-enthusiast perspective, the 2024 US presidential elections are unlike any other as both candidates recognize 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 […]
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....
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 […]
The agency’s worries about the forthcoming project include liquidity and the possibility of share controls. The SEC has informed Bitwise investment company about salvaging issues with share monopolization, fraudulent acts, and other possible challenges that can arise in its planned spot Bitcoin ETF. This information was passed as a notice to Bitwise on Tuesday. What […]
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 […]