Bitwise analyst predicts more significant market impact from Bitcoin ETFs than Ethereum
Bitwise, the world’s largest crypto index fund manager, suggests that Bitcoin (BTC) exchange-traded funds (ETFs) could have a more significant market impact than their Ethereum (ETH) counterparts. Analyst Juan Leon from Bitwise explains that while many institutional investors have become more knowledgeable about BTC, most still struggle to understand ETH’s distinct attributes. He likens BTC […]
Bitwise asset management asserts no ties with fraudulent namesake
Leading crypto index fund manager, Bitwise Asset Management, has distanced itself from a similarly named startup facing legal charges. The San Francisco-based digital asset manager clarified that it has no links with the now-defunct Bitwise Industries, an ex-technology company based in Fresno, California. Bitwise Asset Management, which is currently attempting to obtain approval for a […]
Bitcoin ETF approval could spark major rally, says Bitwise CIO Matt Hougan
The approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) could trigger a significant surge in the crypto’s value, akin to gold’s post-ETF rally, according to Matt Hougan, Chief Investment Officer at Bitwise. Hougan made his remarks during an interview with Thinking Crypto on Tuesday, drawing parallels between Bitcoin’s potential future and gold’s history. Bitwise […]
Spot Bitcoin ETF proposals delayed by SEC in anticipation of government shutdown
In the face of a potential government shutdown, the U.S. Securities and Exchange Commission (SEC) has decided to defer its ruling on spot Bitcoin exchange-traded funds (ETFs) proposals from leading firms. The SEC has pushed back its decision on spot Bitcoin ETF applications from BlackRock, Invesco, and Bitwise, on Wednesday. Intriguingly, this announcement came two […]