2024-8-20 19:33 |
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion.
Similar to Notcoin - Blum - Airdrops In 2024
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Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.
2024-8-20 17:50 | |
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Bitwise acquires ETC Group, expanding into Europe with $4. 5B in crypto AUM. ETC Group’s products will rebrand under Bitwise but there will be no changes to strategies. Bitwise anticipates a shift in crypto with the introduction of spot Bitcoin ETFs.
2024-8-19 17:44 | |
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Bitwise Asset Management's acquisition of ETC Group marks its significant entry into the European market, adding over $1 billion in Bitcoin and crypto assets.
2024-8-20 17:41 | |
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Crypto asset manager Bitwise has acquired London-based ETC Group, marking its expansion into Europe with over $1 billion in crypto assets under management. Bitwise, the largest crypto index fund manager in the U.
2024-8-19 17:09 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products.
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware.
The ETF could offer more leveraged exposure to Bitcoin, especially for institutional investors looking to diversify their holdings.
Analysts worry ETH will prove a harder sell than BTC to traditional investors.
Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one.
BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.