Bitcoin ETF

Bitcoin

Billion

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitwise-asset-management-reaches-over-10-billion-in-aum/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitwise Asset Management Reaches Over $10 Billion in AUM</a><br></p>
<p style="text-align: justify">Bitwise Asset Management has surpassed a significant milestone with its client assets under management (AUM) exceeding $10 billion. This achievement reflects the growing interest in Bitcoin and the overall <a href="https://en.coin-turk.com/investors-shift-towards-innovative-crypto-products/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/bitcoin-and-ethereum-active-supply-hit-record-lows/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> market. The company’s focus on delivering innovative crypto investment solutions positions it as a critical player in the rapidly evolving financial landscape.</p>
<h2 id="bitwise-surpasses-10-billion-aum-target">Bitwise Surpasses $10 Billion AUM Target</h2>
<p style="text-align: justify">Hunter Horsley stated, “This week, Bitwise Invest has exceeded $10 billion across its portfolio.” He emphasized the firm’s commitment to the sector by noting that all AUM is allocated to Bitcoin and other crypto opportunities. Bitwise offers over 30 customized investment solutions, including ETFs, index funds, hedge funds, and staking options. With increasing market optimism, the company has also applied for multiple crypto ETFs.</p>
<h2 id="bitcoin-etf-investments-hit-record-levels">Bitcoin ETF Investments Hit Record Levels</h2>
<p style="text-align: justify">Horsley expressed that these solutions allow investors to seamlessly explore various crypto opportunities. Additionally, he introduced Bitwise’s growing team of 95 professionals, which aims to build long-term partnerships with investors while maintaining the ethical foundation of the crypto ecosystem. A user recalled a conversation with an executive who mentioned that the company’s assets were only $5 billion a few weeks ago, affirming that the firm’s pace has accelerated with the rise in crypto adoption.</p>
<p style="text-align: justify">The success of this asset manager reflects a growing trust in digital assets. As the <a href="https://en.coin-turk.com/haru-invest-suspends-transactions-a-new-blow-to-cryptocurrency/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto market</a> recovers and institutional interest rises, asset managers like Bitwise become vital intermediaries for mainstream adoption. Investments from major banks further bolster market confidence.</p>
<p style="text-align: justify">BTC price increased by over 4% this week, reaching $91,156. The cryptocurrency hit a record level of $93,434 this week, despite a 16% drop in trading volume. Bitwise Asset Management’s AUM exceeding $10 billion is seen as a significant indicator of growth in the crypto market.</p>
<p>The post <a href="https://en.coin-turk.com/bitwise-asset-management-reaches-over-10-billion-in-aum/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitwise Asset Management Reaches Over $10 Billion in AUM</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Bitwise Asset Management Reaches Over $10 Billion in AUM

Table of Contents

COINTURK NEWS

Other articles published on Nov 16, 2024

Good News From Altcoin Project That Suffered Millions Of Dollars Hack Attack

Why are Altcoin Sluggish? Analysis Company Reveals the Forecast Course of Altcoins for the Next P...

SHIB Prepares for 1,200% Gains, XRP Sees 1,500% Potential, While Dogen Outpaces Both With a Predi...

Will Bitcoin Price Crash Again?

Dogecoin Fair Price at $2+ Will These Altcoins Steal the Spotlight with Larger Gains?

Chainlink introduces the ‘Chainlink Runtime Environment’ framework

Join our free newsletter for daily crypto updates!