Bitwise Bitcoin ETF: $40B Wealth Manager Taps BITB For BTC Investments

Quick Summary:

The decision, revealed by Bitwise CEO Hunter Horsley, has gained significant attention from crypto market enthusiasts amid the buzz over the ETF market.

A recent update reveals that a $40 billion institutional consultant tapped Bitwise Bitcoin ETF (BITB) for its BTC investments.

Besides, it also comes amid a recovery noted in the broader cryptocurrency market, reflecting the market’s regaining confidence.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Spot Bitcoin ETF Bitwise Bitcoin News Bitcoin (BTC) Price Bitcoin adoption 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 18:44:01 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21959970

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 10 hours ago

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