Bitwise Surpasses $10B in AUM as Crypto Adoption Surges

https://twitter.com/SasomisNg/status/1857769272375722229

Bitwise have over 30 different investment products including ETFs, index funds, hedge funds and staking options. Bitwise just filed for a multi-crypto ETF showing we’re ahead of the curve as the crypto market matures. Our team of 95 people is growing and focused on building long term relationships with investors and being good actors in the crypto ecosystem.

Institutional Interest Drives Crypto Growth

Bitwise’s AUM has doubled in weeks. Institutional interest in digital assets is surging. Investors are pouring into Bitcoin ETFs. The market saw a record $1.37 billion in inflows in a single day on November 7.

Trump being pro-crypto after the election has added to the momentum. Institutional players like Goldman Sachs have disclosed big positions in Bitcoin ETFs. Mainstream financials are shifting.

Bitcoin price is strong at $91,400, up 2% in the last 24 hours, high of $91,869. Despite $770m outflows yesterday, Bitcoin hit an all time high of $93,434 on November 13. It’s still relevant.

Bitwise Expands Crypto Offerings Amid Bullish Trends

Bitwise’s acquisition of Ethereum staking service Attestant reflects its dedication to expanding crypto-focused solutions. By integrating staking and multi-crypto ETFs, the firm is providing investors with tools to explore the rapidly evolving blockchain space.

https://twitter.com/Lynxs_io/status/1857760840201486495

Key Highlights:

• $10B Milestone: Bitwise’s AUM reached $10 billion, doubling in just weeks.

• Diverse Products: The firm offers 30+ solutions, including ETFs and staking.

• Bitcoin ETFs: Record inflows of $1.37 billion on November 7 highlight institutional confidence.

Bitwise has reached a big milestone in the mainstreaming of digital assets, bridging traditional finance and crypto. As institutions get involved Bitwise is at the forefront of the shift in global investment strategies.