United States-based Osprey Funds is gearing up to convert its Bitcoin trust into an exchange-traded fund after an acquisition deal with Bitwise fell through. The investment management firm said in a Jan. 14 statement that it would file a Form… origin »
Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.
Bitwise acquires ETC Group, expanding into Europe with $4. 5B in crypto AUM. ETC Group’s products will rebrand under Bitwise but there will be no changes to strategies. Bitwise anticipates a shift in crypto with the introduction of spot Bitcoin ETFs.
Bitwise Asset Management's acquisition of ETC Group marks its significant entry into the European market, adding over $1 billion in Bitcoin and crypto assets.
Crypto asset manager Bitwise has acquired London-based ETC Group, marking its expansion into Europe with over $1 billion in crypto assets under management. Bitwise, the largest crypto index fund manager in the U.
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