The head of a prominent crypto investment management firm foresees one “non-obvious” way in which tokenization, the process of converting traditional assets to tokens on blockchain, will impact markets. In a new post on the social media platform X, Bitwise CEO Hunter Horsley lays out how he sees tokenization upending traditional stock and equities markets….
Bitwise Asset Management has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The ETF would include ten leading cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Bitcoin Cash (BCH), Polkadot (DOT), and…
Recent findings from Bitwise’s Weekly Crypto Market Compass for Week 47, 2024, reveal an upbeat trajectory for cryptocurrency markets, with bitcoin leading the charge. Its performance has outshined traditional financial assets, propelled by optimism surrounding U.S. reserve strategies and an intensifying supply crunch. Bitwise Analysis: Bullish Sentiments Drive Crypto Assets to New Heights Cryptocurrencies have…
Bitwise chief investment officer Matt Hougan is unveiling the catalysts that he believes will push Bitcoin (BTC) to $100,000 and beyond. Hougan says on the social media platform X that macroeconomic conditions and on-chain data appear to be suggesting that Bitcoin is poised to spark huge rallies. According to the Bitwise executive, major central banks…
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties….
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Jeff Park, Head of Alpha Strategies at Bitwise, which operates the fourth-largest spot Bitcoin ETF in the US with assets under management totaling $2,039 billion, presented a bullish outlook on Bitcoin via X. His analysis ties the historical economic decisions and current global financial conditions which he believes “is unbelievably powerful” for Bitcoin. Why Japan…
Trotz des derzeitigen Abwärtstrends am Kryptomarkt hat BlackRocks Ethereum ETF am 30. Juli einen bedeutenden Meilenstein erreicht und die Zuflüsse seines Bitcoin ETFs übertroffen. Diese Entwicklung markiert eine bemerkenswerte Verschiebung in der Kryptowährungs ETF Landschaft, wobei Ethereum ETFs an Bedeutung gewinnen. Bitcoin ETF: Zuflüsse vs. Abflüsse Laut Farside-Daten zu ETF-Zuflüssen verzeichneten Bitcoin-ETFs am 30. Juli…
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate”…