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Tag: Bitwise

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Bitwise reveals major institutions will start investing in Bitcoin ETFs starting Q2

Bitwise said it is in “serious due diligence discussions” with a variety of major financial and corporate entities interested in Bitcoin. Bitwise CIO Matt Hougan said that institutions “representing trillions of dollars in assets” are expected to start investing in spot Bitcoin ETFs by the second quarter. Hougan made the revelation in a weekly memo sent out to investors, parts…
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Bitwise to Contribute 10% of Spot Bitcoin ETF Profits to Advance Industry

In a nutshell Bitwise promises to give 10% of Bitwise Bitcoin ETF benefits to non-benefits supporting Bitcoin open-source advancement. CEO Hunter Horsley gives money to Bitcoin core developers, describing them as “unsung heroes” for keeping the cryptocurrency running for 15 years. No hidden obligations yearly gifts expect to become the Bitcoin business, with Bitwise focusing…
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