Matt Hougan, CIO of Bitwise, the largest crypto asset management fund in the U.S., predicted that the volatility of bitcoin prices will be reduced due to the entrance of new “value” players to the market. Bitwise CIO: ‘Value’ Buyers to Bring More Stability to Bitcoin Matt Hougan, CIO of Bitwinse, a firm that provides crypto-based […]
‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind
Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As […]
Bitwise CEO Makes Startling Statement on the Symbiosis Between Banks and Cryptocurrency
Hunter Horsley, co-founder and CEO of Bitwise, a $ 4 billion crypto fund manager, believes that banks will accelerate the participation of many investors in the cryptocurrency market. Horsley predicted that in 12 months, the stance of many crypto adopters will change, declaring that banks will be regarded as “the best thing that ever …
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, […]
Bitwise Seeks SEC Approval to Launch Spot XRP ETF
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many investors want exposure to,” said the CEO of Bitwise. Bitwise Seeks SEC Approval […]