Bitwise – Page 12 – DIGIT INFO

‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction

October 20, 2024 by DIGIT

Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity … Read more

‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind

October 16, 2024 by DIGIT

Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As … Read more

Bitwise CEO Makes Startling Statement on the Symbiosis Between Banks and Cryptocurrency

October 15, 2024 by DIGIT

Hunter Horsley, co-founder and CEO of Bitwise, a $4 billion crypto fund manager, believes that banks will accelerate the participation of many investors in the cryptocurrency market. Horsley predicted that in 12 months, the stance of many crypto adopters will change, declaring that banks will be regarded as “the best thing that ever happened to … Read more

Canary Capital files S-1 for Litecoin ETF

October 15, 2024 by DIGIT

Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections. Go to Source

Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles

October 11, 2024 by DIGIT

Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe. Go to Source

Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund

October 5, 2024 by DIGIT

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, … Read more

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses

October 5, 2024 by DIGIT

On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday, … Read more

Crypto Biz: Axelar’s new interoperability stack goes live

October 4, 2024 by DIGIT

With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications. Go to Source

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related

October 4, 2024 by DIGIT

Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether. … Read more

XRP’s ETF hopes after SEC appeal depend on US election: Analysts

October 4, 2024 by DIGIT

XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF. Go to Source