Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund. The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an...
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Bitwise Asset Management, a provider of cryptocurrency index funds to professional investors, announced Wednesday its 10 Crypto Index Fund is now available to U.S. investors as a public-traded cryptocurrency index fund. After a Form 211 for quotation of the...
Bitcoin was lower, pausing a powerful rally that has seen the largest cryptocurrency jump 25% in October to the highest levels since June 2019. Traditional financial-media outlets like Bloomberg News were writing about it. Prices appeared to hit resistance just below...
Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission (SEC) last week showed the asset manager...
With the right management strategy, bitcoin almost always boosts the value of a mixed portfolio, according to Bitwise research – even if bought at the all-time high. Based on a test portfolio using historical data, the San Francisco-based asset manager found investors...
Bitwise has revealed a plan to soon let retail investors trade its large-cap index product. The asset manager told CoinDesk Friday that it’s working to list shares of its Bitwise 10 Index Fund on OTCQX, an alternative trading system...
Noelle Acheson is CoinDesk’s Director of Research and producer of CoinDesk’s Institutional Crypto newsletter. These opinions are her own. Let’s talk about containers – not the massive cargo ships that cross oceans, but vessels such as bottles, boxes and...
Bitwise Asset Management has withdrawn its application with the Securities and Exchange Commission (SEC) for its proposed bitcoin exchange-traded fund (ETF). The San Francisco firm requested the withdrawal in a filing posted with the SEC on Tuesday, while NYSE...
More than half of financial advisors in the U.S. are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found. The annual survey, released Tuesday, asked 415 advisors a...
The U.S. Securities and Exchange Commission (SEC) has rejected the latest attempt at creating a bitcoin exchange-traded fund (ETF). The SEC announced Wednesday that the ETF proposal, filed by Bitwise Asset Management in conjunction with NYSE Arca, did not...