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Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup
© Copyright Image: CurrencyCrypt

Bitwise is likely just catering to things theyre hearing from clients and potential clients, said James Seyffart, ETF analyst at Bloomberg Intelligence. They have an actively managed division within Bitwise, so it makes sense to give it a try. We know there are investors looking to invest in bitcoin but who want to limit the volatility and particularly the downside volatility/drawdowns. I think thats what this will aim to do. Whether or not it will be successful is something we will learn in the coming years, but timing the market is extremely hard.

The post Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/spot-crypto-etfs-prompted-bitwise-to-rethink-its-fund-lineup/

Text source: CurrencyCrypt

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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