Bitwise

Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite. What Happened: Brad...

Bitwise Chief Investment Officer Matt Hougan on Wednesday expressed optimism about Bitcoin's (CRYPTO: BTC) future, predicting it could surpass the $100,000 mark in 2025. What Happened: In an interview with Yahoo Finance, Hougan cited rising institutional adoption and increasing ETF flows as primary...

The S-1 filing by Bitwise Asset Management for a proposed XRP exchange-traded product (ETP) has sparked debate among investors and analysts regarding its potential approval by the U.S. Securities and Exchange Commission (SEC). What Happened: The proposal seeks to create a fund that directly holds...

Bitcoin (CRYPTO: BTC) exchange traded funds (ETFs) are being adopted by institutional investors at a pace that outstrips any other ETF in history, according to Matt Hougan, Chief Investment Officer at Bitwise Invest. What Happened: Hougan’s research reveals that Bitcoin ETFs have attracted $...

Institutional investors are showing resilience in the face of market volatility, according to Matt Hougan, Chief Investment Officer at Bitwise Invest. What Happened: In a fresh analysis of Q2 Bitcoin (CRYPTO: BTC) 13-F filings, Hougan highlighted a 30% increase in institutional involvement with...

The long-awaited arrival of spot Ethereum exchange-traded products (ETPs) could trigger a significant inflow of capital, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. What Happened: In a blog, Hougan argues that spot Ethereum ETPs are likely to attract $15 billion...

Investors hoping to gain exposure to Ethereum (CRYPTO: ETH) through a U.S. exchange-traded fund (ETF) will have to keep on waiting, as the U.S. Securities and Exchange Commission (SEC) opened a three-week public comment period on proposals from Grayscale Investments, Fidelity Investments and...

Anthony Pompliano, founder of Pomp Investments, underscored the voracious appetite of institutional investors for Bitcoin, which briefly touched the $50,000 mark in Monday morning trading. What Happened: "Wall Street doesn't just like Bitcoin (CRYPTO: BTC). They love Bitcoin,...

In a calculated move to draw in more investors, Invesco and Galaxy Asset Management have slashed the fee of their joint Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). What Happened: The issuers have trimmed down the fee of their spot Bitcoin ETF from 0.39% to 0.25%. This aligns the sponsor fee...

The hacked tweet from the SEC announcing fake Bitcoin (CRYPTO: BTC) ETF approvals sent the market soaring on Tuesday, only to plummet minutes later when reality set in, resulting in a financial wipeout for thousands of traders. Over $220 million got liquidated in the resulting chaos...

In yet another round of fee cuts, four spot Bitcoin ETF applicants have taken to last-minute fee reductions, possibly gaining the extra edge at this high-level juncture of competition. What Happened: Invesco, Bitwise, Valkyrie and WisdomTree announced a reduction in their fees in the latest amended...

Awaiting the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF in the coming week, Bitwise has disclosed details of its survey highlighting investor sentiment towards crypto investments. What Happened: Crypto index fund manager, Bitwise Asset Management and VettaFi, a data-driven ETF...

Jonathan Goldsmith, famously known as “the most interesting man in the world” from Dos Equis beer commercials, is now portraying his charisma in a Bitcoin (CRYPTO: BTC) ad for the cryptocurrency company Bitwise. What Happened: Goldsmith, on Monday, is seen discussing Bitcoin in Bitwise...

The U.S. Securities and Exchange Commission (SEC) on Tuesday announced a delay in its decision regarding the listing and trading of shares of the Grayscale Ethereum (CRYPTO: ETH) Trust. The decision, initially due in December 2023, has been postponed to Jan. 25, 2024, as the SEC required more...

Update (08:30AM EST) – This news story was published incorrectly and has been updated with corrections. BlackRock and cryptocurrency firm Bitwise have submitted revised filings to the Securities and Exchange Commission (SEC) for their proposed spot Bitcoin (CRYPTO: BTC) Exchange-Traded...