Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”
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The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.
Options would allow institutional investors to hedge risks and traders to amplify their buying power.
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step given it felt more […]
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts.
A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system.
The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs […]
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes […]
