Bitwise

Highlights: Bitwise files to convert three futures-based ETFs to its Trendwise strategy by December 2024. The strategy rotates between crypto and U.S. Treasuries based on a proprietary momentum signal using 10- and 20-day EMAs. This change aims to minimize downside […]

Highlights: Bitwise’s XRP ETF filing aims to expand its regulated crypto offerings amid legal risks. The SEC’s Ripple case could delay Bitwise’s XRP ETF approval, creating uncertainty. If approved, Bitwise’s XRP ETF will provide regulated access to XRP’s price movements […]

Highlights: Bitwise has established a Delaware trust as a preliminary step toward launching an XRP ETF. The approval process for XRP ETF could be lengthy as the SEC evaluates the application. If approved, the ETF would further increase the use […]

Highlights: Bitwise ETF to acquire Osprey Bitcoin Trust’s $120 million in assets, offering a seamless transition for unitholders. The deal will provide OBTC investors with lower fees and better price tracking through Bitwise’s established Bitcoin ETF. Bitwise strengthens its position […]

Highlights: Bitwise’s CEO reveals significant Bitcoin and Ethereum ETF Investments owned by a top RIA. Bitwise continues to display strength in the Bitcoin and Ethereum ETF markets with remarkable inflow data. Institutional interest in Bitcoin ETFs soared considerably in 2024’s […]

Highlights: Bitwise acquires ETC Group, Europe’s largest physical Bitcoin ETP issuer, expanding its AUM to over $4.5 billion. The acquisition brings Bitwise nine European-listed crypto ETPs, enhancing its global product suite and market presence. Bitwise’s move into Europe follows recent […]

Highlights: NYSE American proposes rule change for options on Bitwise and Grayscale spot Ethereum ETFs. Options-linked crypto funds are viewed as high-risk by regulators. Ether ETFs face $23M in outflows, with Grayscale’s ETHE leading losses. On August 7, the New […]

The Mukamal family, owners of Vandelay Industries, accuses Bitwise and its executives of fraud and mismanagement of digital assets. The plaintiffs filed a lawsuit in the Supreme Court of New York City and now seek $2 million in compensation for […]

Highlights: Bitwise files updated S-1 for Ethereum ETF shortly before the deadline, signaling readiness for launch. SEC approved 19b-4 forms for eight Ethereum ETFs in May, requiring issuers to resubmit S-1 filings by July 8. Analysts expect Ethereum ETFs to […]