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The Bitwise Bitcoin ETF (BITB) Begins Trading With 0.20% Management Fee; Fee Set to 0% for First Sixth Months

Retrieved on:

Thursday, January 11, 2024

Bitwise Asset Management , the largest crypto index fund manager in America, announced today the landmark launch of the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF.

Key Points:

Bitwise Asset Management , the largest crypto index fund manager in America, announced today the landmark launch of the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF.
BITB’s management fee is the lowest among current spot bitcoin ETFs at 0.20%,1 with the fee set to 0% for the first six months on the first $1 billion in assets.
“With the long-awaited launch of regulated bitcoin ETFs like BITB, the gates are finally open for many mainstream investors,” said Bitwise CEO Hunter Horsley.
The launch of the Bitwise Bitcoin ETF adds to Bitwise’s broad suite of professionally managed vehicles.

Bitwise To Launch Lowest-Cost Spot Bitcoin ETF (BITB) on January 11 With 0.20% Management Fee; Fee Set to 0% for First Six Months

Retrieved on:

Wednesday, January 10, 2024

Bitwise Asset Management , the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading on January 11.

Key Points:

Bitwise Asset Management , the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading on January 11.
The Bitwise Bitcoin ETF will trade on NYSE Arca under the ticker BITB.
The management fee will be the lowest among approved spot bitcoin ETFs at 0.20%,1 with the fee set to 0% for the first six months on the first $1 billion in assets.
Now, at long last, a spot bitcoin ETF is arriving.”
The fund’s launch marks a critical turning point for the industry, said Bitwise CIO Matt Hougan.

AETH and BTOP, Two First-of-Their-Kind Ethereum Futures ETFs From Bitwise, Launch Today

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Monday, October 2, 2023

Bitwise Asset Management , the largest crypto index fund manager in America, announced today the launch of two groundbreaking Ethereum-themed ETFs: the Bitwise Ethereum Strategy ETF (ticker: AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (ticker: BTOP).

Key Points:

Bitwise Asset Management , the largest crypto index fund manager in America, announced today the launch of two groundbreaking Ethereum-themed ETFs: the Bitwise Ethereum Strategy ETF (ticker: AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (ticker: BTOP).
With the launch, investors can for the first time gain exposure to Ethereum futures through the widely popular and regulated ETF format.
“Ethereum now has billions in revenue, millions of users, and thousands of distinct apps and developers,” said Bitwise CEO Hunter Horsley.
The Bitwise Ethereum Strategy ETF (ticker: AETH)
The Bitwise Ethereum Strategy ETF (ticker: AETH) invests in regulated CME Ether futures focused on front-month contracts.

AETH and BTOP, Two First-of-their-Kind Ethereum Futures ETFs From Bitwise, Intend to Launch October 2

Retrieved on:

Friday, September 29, 2023

With the launch, investors will for the first time gain exposure to CME Ether futures through the widely popular and regulated ETF format.

Key Points:

With the launch, investors will for the first time gain exposure to CME Ether futures through the widely popular and regulated ETF format.
“Ethereum now has billions in revenue, millions of users, and thousands of distinct apps and developers,” said Bitwise CEO Hunter Horsley.
“As the leading operating system for crypto, Ethereum has spread like wildfire.
The Bitwise Ethereum Strategy ETF (ticker: AETH)
The Bitwise Ethereum Strategy ETF (ticker: AETH) invests in regulated CME Ether futures focused on front-month contracts.

Bitwise Launches BITC, a New Type of Bitcoin-Linked ETF Designed for Long-Term Investors

Retrieved on:

Tuesday, March 21, 2023

Professional Services, Technology, Cryptocurrency, Other Technology, Finance, Fintech, Banking, Bitcoin, Crypto, ETF, BNY Mellon, Lovell Minnick Partners, BITC, BITW, Research, RIAS, Bitwise operation

Bitwise Asset Management , one of the world’s leading crypto asset managers, today announced the launch of the Bitwise Bitcoin Strategy Optimum Roll ETF (ticker: BITC).

Key Points:

Bitwise Asset Management , one of the world’s leading crypto asset managers, today announced the launch of the Bitwise Bitcoin Strategy Optimum Roll ETF (ticker: BITC).
“We believe this same strategy can apply to the bitcoin futures market as it continues to deepen and evolve.
The launch of the Bitwise Bitcoin Strategy Optimum Roll ETF (ticker: BITC) is part of Bitwise’s broad suite of professional investment solutions for accessing the opportunities in the fast-evolving crypto market.
Today, Bitwise’s suite of more than 20 products includes the Bitwise Crypto Industry Innovators ETF (ticker: BITQ), Bitwise Web3 ETF (ticker: BWEB), Bitwise 10 Crypto Index Fund (ticker: BITW), private placement funds, multi-strategy solutions, and separately managed accounts.

Bitwise Announces Results of November 2022 Month-End Crypto Index Reconstitution

Retrieved on:

Thursday, December 1, 2022

NFT, Cryptocurrency, Professional Services, Crypto, Bitcoin, Ethereum, Cardano, Litecoin, Maker, Loopring, Binance Coin, Blockchain, Risk, Hoarding, BNB, Vernacular, Security (finance), LRC, CryptoPunks, HIVE, ENS, FIL, Bitwise operation, Decentralized finance, HUT, LTC, MicroStrategy, Education, BlackRock, FINRA, MKR, Blackstone, Convexity (finance), The Wall Street Journal, BITW, NFT, NB2, History, LDO, Hacks, ETH, COMP, AAVE, UNI, ADA, LINK, BTC, Research, Institutional Investor, Fraud, Index, CRV, SOL, COIN, CNBC, CVX, Moonbird, OTCQX, DOT, Indexing Service, Sale, Non-fungible token, AVAX, Intellectual property, AR, MSTR, RIOT, BAL, Cryptocurrency, Life insurance, Financial adviser, Clonazepam, Uniswap, Metaverse, Filecoin, Cosmos

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on November 30, 2022, at 4 p.m.

Key Points:

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on November 30, 2022, at 4 p.m.
The Bitwise Decentralized Finance Crypto Index had the following changes as a result of the November 30, 2022 reconstitution: Balancer (BAL) entered the index and 0x (ZRX) exited.
The Bitwise 10 ex Bitcoin Large Cap Crypto Index had the following changes as a result of the November 30, 2022 reconstitution: Chainlink (LINK) re-entered the index and Cosmos (ATOM) exited.
The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee.

Bitwise Asset Management Selects SS&C

Retrieved on:

Wednesday, November 9, 2022

WINDSOR, Conn., Nov. 9, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Bitwise Asset Management, the world's largest crypto index fund manager1, has selected SS&C's Eze Investment Suite to support its trading operations. Bitwise will streamline front-to-back operations for managing $1.3 billion* in assets across 15 strategies, including crypto ETFs and NFT funds.

Key Points:

WINDSOR, Conn., Nov. 9, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Bitwise Asset Management, the world's largest crypto index fund manager1, has selected SS&C's Eze Investment Suite to support its trading operations.
Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers.
The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney's Office.
Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron's, Bloomberg, and The Wall Street Journal.

Bitwise Announces Results of October 2022 Month-End Crypto Index Reconstitution

Retrieved on:

Tuesday, November 1, 2022

Cryptocurrency, Asset Management, Professional Services, Finance, Crypto, Litecoin, Bitcoin, Ethereum, Cardano, Cosmos, Maker, Loopring, Binance Coin, MSTR, Indexing Service, ADA, COMP, DOT, Bitwise operation, SEC, Research, BTC, Hacks, Convexity (finance), Moonbird, View, AAVE, LRC, ETH, CryptoPunks, OTCQX, Non-fungible token, COIN, ENS, Solution, Risk, FIL, GRT, NFT, CRV, Technology, MKR, LINK, U.S. Securities and Exchange Commission, Index, LDO, BITW, Security (finance), Time, The Wall Street Journal, Education, Institutional Investor, Blockchain, MicroStrategy, SOL, FINRA, BNB, UNI, AVAX, CNBC, BlackRock, RIOT, MARA, Intellectual property, HUT, Decentralized finance, Sale, Fraud, AR, LTC, Blackstone, HIVE, History, Hoarding, CVX, Cryptocurrency, Life insurance, Financial adviser, Clonazepam, Metaverse, Filecoin, Google, Uniswap

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on October 31, 2022, at 4 p.m.

Key Points:

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on October 31, 2022, at 4 p.m.
There were no changes to the constituents of the Bitwise Decentralized Finance Crypto Index as a result of the October 31, 2022 reconstitution.
There was one change to the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index as a result of the October 31, 2022 reconstitution: Litecoin (LTC) re-entered the index, replacing Chainlink (LINK).
The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee.

Bitwise Expands To Active Strategies; Announces Hiring of Industry-Leading Alternatives Team

Retrieved on:

Tuesday, November 1, 2022

The companys active team will be led by a newly assembled team of experts, headed by Jeffrey Park, CFA.

Key Points:

The companys active team will be led by a newly assembled team of experts, headed by Jeffrey Park, CFA.
In addition, Denny Peng has joined the team from multi-strategy hedge fund complex Millennium Management and will serve as risk manager.
For the last half-decade, our sole focus at Bitwise has been pioneering ways for investors to access the opportunities emerging in crypto, said Bitwise CEO Hunter Horsley.
The addition of active strategies to our services is a huge step forward in our ability to do that.

New Bitwise Web3 ETF (BWEB) Set To Capture One of the Biggest Growth Opportunities in Tech

Retrieved on:

Tuesday, October 4, 2022

The Bitwise Web3 ETF seeks to capitalize on this great opportunity by offering investors of innovation a straightforward way to access the space.

Key Points:

The Bitwise Web3 ETF seeks to capitalize on this great opportunity by offering investors of innovation a straightforward way to access the space.
The Bitwise Web3 ETF tracks the Bitwise Web3 Equities Index, which is rebalanced quarterly.
The custodian of the Bitwise Web3 ETF is BNY Mellon, and the funds distributor is Foreside Fund Services, LLC.
The Bitwise Web3 Equities Index provides focused exposure to companies whose business models, operations and/or growth prospects are closely linked to the emergence of Web3.