<p>The crypto market is buzzing, and Bitwise is at the center of it all. With innovative strategies and bold moves, the asset management firm continues to shape the future of crypto investments. From Bitcoin to Ripple, the&nbsp; crypto fund manager is making strides that investors can’t ignore.</p> 
<h3 style="text-align: center;" id="bitwise-pushes-for-etp-conversion">Bitwise Pushes for ETP Conversion</h3> 
<p>Bitwise is on a mission to <a href="https://bitwiseinvestments.com/newsroom/nyse-arca-files-form-19b-4-to-uplist-bitw-as-an-etf">convert</a> its $1.3 billion Bitwise 10 Crypto Index Fund into an exchange-traded product (ETP). This fund is already a trailblazer—it was the world’s first crypto index fund back in 2017. The push to become an ETP is all about efficiency and better value for investors.</p> 
<p>Currently, the fund trades at a discount, with shares priced lower than its actual value. An ETP structure could fix this by aligning prices more closely with the fund’s true worth. It’s a smart move, especially as the market grows more competitive. Bitcoin, Ethereum, and even Ripple (XRP) are key players in this fund, making it a diverse bet for anyone looking to ride the crypto wave.</p> 
<h3 style="text-align: center;" id="ripple-gains-support-as-bitwise-expands">Ripple Gains Support as Bitwise Expands</h3> 
<p>Ripple’s XRP is a standout in the Bitwise 10 Crypto Index Fund. With a nearly 2% allocation, it’s one of the top assets in a portfolio dominated by Bitcoin and Ethereum. Ripple CEO Brad Garlinghouse has expressed his excitement about this inclusion, calling the fund’s mix of assets an “alphabet soup” of success.</p> 
<p>Garlinghouse’s optimism isn’t misplaced. Institutional interest in XRP is growing fast. Big names like Grayscale and 21Shares are also filing for ETFs featuring Ripple, signaling that XRP might be ready for the big leagues. Bitwise is keeping pace, ensuring XRP remains a focal point in its plans.</p> 
<h3 style="text-align: center;" id="bitwise-hits-10-billion-milestone">Bitwise Hits $10 Billion Milestone</h3> 
<p>Bitwise recently crossed a staggering $10 billion in assets under management. This massive growth underscores the surging interest in crypto, especially <a href="https://walletinvestor.com/magazinadmin/michael-saylor-believes-bitcoin-can-hit-100k-and-help-lower-us-debt/">Bitcoin.</a> It’s not just about hitting numbers, though. The crypto fund manager is offering over 30 investment solutions, including ETFs and staking options, making it easier than ever for investors to dive into crypto.</p> 
<p>CEO Hunter Horsley attributes this success to the firm’s focus on innovation. He highlights that Bitwise’s rapid growth reflects the rising adoption of crypto worldwide. With such momentum, Bitwise is solidifying its reputation as a leader in the crypto space.</p> 
<h3 style="text-align: center;" id="final-thoughts">Final Thoughts</h3> 
<p>Bitwise isn’t just riding the crypto wave—it’s shaping it. From filing for ETP conversions to championing assets like Bitcoin and Ripple, the firm is setting new standards. As the market evolves, Bitwise’s commitment to efficiency and innovation ensures it will remain a key player.</p> 
<p>With the crypto ecosystem maturing and institutional interest soaring, Bitwise’s future looks bright. Whether you’re a Bitcoin believer, an XRP fan, or just a crypto enthusiast, Bitwise is a name worth watching.</p>

Bitwise Targets ETP Conversion Amid Growing Bitcoin and Crypto Momentum

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WalletInvestor

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