United States, Feb 24, 2021 /AlexaBlockchain/ – Bitwise Asset Management, a provider of crypto index funds, achieved another major milestone on Tuesday, as total assets under management (AUM) for its digital asset funds crossed US$1 billion.
AlexaBlockchain received an email update on this from Bitwise which says:
“We’re incredibly excited to announce that Bitwise recently crossed well over $1 billion in assets under management. We think great opportunity lies ahead as this budding asset class continues to grow and evolve.”
Bitwise last year Launched the first publicly traded Crypto Index Fund In the US – the Bitwise 10 Crypto Index Fund (ticker: BITW). The fund was well received by the market with investors shown strong conviction and trading more than $67 million of shares in the first three days of debut, making it the highest volume debut of a publicly-traded crypto fund in the US history.
Bitwise Asset Management Product Portfolio
Bitwise Asset Management currently manages the largest crypto index fund in the world (BITW) and the first DeFi index fund in the world. Bitwise products include:
- Bitwise 10 Crypto Index Fund (ticker: BITW)
- Bitwise DeFi Crypto Index Fund
- Bitwise Bitcoin Fund
- Bitwise Ethereum Fund