Bitwise: US Bitcoin Reserve Speculations Propel Crypto Market Gains

Recent findings from Bitwise’s Weekly Crypto Market Compass for Week 47, 2024, reveal an upbeat trajectory for cryptocurrency markets, with bitcoin leading the charge. Its performance has outshined traditional financial assets, propelled by optimism surrounding U.S. reserve strategies and an intensifying supply crunch. Bitwise Analysis: Bullish Sentiments Drive Crypto Assets to New Heights Cryptocurrencies have … Read more

Bitwise Applies to List First Crypto Index Fund as an Exchange-Traded Product

The listing is part of Bitwise’s strategy to continue to give investors a range of exposure to digital assets. Bitwise Set to Expand Crypto Index Fund NYSE Arca has applied to list the Bitwise 10 Crypto Index Fund (BITW), the first and largest cryptocurrency index fund globally, as an exchange-traded product (ETP), Bitwise Asset Management … Read more

Bitcoin Boom: Expert Eyes $500K BTC, Declares $1M ‘Absolutely’ Within Reach

Bitwise’s Matt Hougan predicts $500,000 as bitcoin’s maturity threshold, with $1 million “absolutely” possible as BTC rises to compete with gold. Bitwise’s $500K Target for Bitcoin — Why $1M ‘Absolutely’ Could Follow Matt Hougan, chief investment officer at Bitwise Asset Management, shared his perspective on bitcoin‘s trajectory in a blog post on Tuesday, arguing that … Read more

Bitwise Debuts Aptos Staking ETP, Aiming at Institutional Investors

Bitwise Asset Management announced it will launch the Aptos Staking ETP on the SIX Swiss Exchange, marking the first exchange-traded product (ETP) for Aptos staking. Aptos Staking ETP Set to List on SIX Swiss Exchange Bitwise’s Aptos Staking ETP, scheduled for listing on Nov. 19, 2024, is positioned to provide both institutional and retail investors … Read more

Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So

Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are entertaining similar thoughts. Bitwise Head of Alpha Strategies Jeff Park’s Bold Bitcoin Projection If Donald Trump … Read more

‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction

Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity … Read more