Bitwise Asset Management has just made its first move into tokenized funds, and it comes with $259 million already behind it. The firm announces it is taking over investment management of the Bitwise Crypto Carry Fund, ticker USCC, a tokenized fund built around a market-neutral basis-trade strategy that currently delivers a 4% annual yield. The full details land via Bitwise’s official announcement, and the product is available to qualified purchasers starting now. The fund was originally created by Superstate in 2024, and Superstate is not walking away. The company continues to run the on-chain infrastructure through its FundOS platform while
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