Bitwise | ForkLog

ForkLog 19 08.08.2024

NYSE Plans to Launch Options on Ethereum ETFs

The New York Stock Exchange (NYSE) has approached the SEC with a proposal to amend rules, enabling it to list and offer trading of options based on spot Ethereum ETFs from Bitwise and Grayscale.

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ForkLog 15 01.08.2024

Bitwise CIO: Political Stance on Cryptocurrency Is Irrelevant

Upon returning from the Bitcoin 2024 conference, Bitwise’s Chief Investment Officer Matt Hougan concluded that the crypto industry is “not optimistic enough.” Several recent promises made by American politicians at the event prompted him to “rethink the possibilities” of Bitcoin. Hougan highlighted several key points from the conference: Presidential candidate Donald Trump announced plans to […]

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ForkLog 9 26.07.2024

Bitwise Promotes Ethereum ETF on New York Stock Exchange Facade

Bitwise advertised ETH-ETF on the NYSE facade. Ethereum will continue to face pressure in the coming weeks due to active withdrawals from Grayscale’s ETHE. Bitwise Asset Management displayed a banner on the facade of the NYSE to promote its newly launched spot Ethereum-ETF under the ticker ETHW. Bitwise Ethereum ETF banner going up outside the […]

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ForkLog 12 17.07.2024

Bitwise Predicts Ethereum Surge Beyond $5000 Following ETF Launch

The introduction of exchange-traded funds (ETFs) based on Ethereum’s spot price is expected to propel the cryptocurrency’s value to historic highs above $5000, according to a report by CoinDesk, citing Bitwise. Matt Hougan, the company’s Chief Investment Officer, noted that initial price movements might be volatile due to fund outflows from the Grayscale Ethereum Trust. […]

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ForkLog 9 11.07.2024

Bitwise CIO Predicts Bitcoin Surge to $100,000 by Year-End

The distribution of Mt.Gox assets, sales by German authorities, and the potential sale of coins seized from Silk Road will not hinder Bitcoin’s rise to $100,000 by the end of the year, according to Bitwise CIO Matt Hougan, as reported by The Block. The expert believes these factors will have only a short-term impact, exacerbated […]

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ForkLog 9 10.07.2024

Bitwise Nears Final Steps for Ethereum ETF Approval

All indications suggest that the final formalities before the registration of spot Ethereum ETFs are approaching. This was stated by Bitwise’s Chief Compliance Officer, Katherine Dowling. Bitwise Chief Compliance Officer Katherine Dowling discusses her firm’s Ether ETF application and the potential for new products tied to crypto https://t.co/hKIvliRCnX pic.twitter.com/PvMFeG4wWU — Bloomberg Crypto (@crypto) July 9, […]

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ForkLog 8 04.07.2024

Bitwise Updates S-1 Filing for Spot Ethereum ETF

Asset manager Bitwise has submitted an updated S-1 form for a spot Ethereum-based exchange-traded fund (ETF) just days before the July 8 deadline. Sources from The Block indicated that the SEC has not specified an exact timeline for reviewing the documents, but companies might receive approval by the end of next week. Bloomberg analyst Eric […]

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ForkLog 16 30.04.2024

Stablecoin Legislation Could Eclipse Bitcoin ETF Launch, Says Expert

The adoption of a bill on payment stablecoins in the United States may surpass the significance of the approval of spot Bitcoin ETFs. This was stated by Bitwise CIO Matt Hougan, reports The Block. The expert noted the increased chances of the bill’s passage following statements from Maxine Waters, a member of the House Financial […]

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ForkLog 23 25.04.2024

Bitwise Executive Predicts Bitcoin at $250,000 by Next Halving

Matt Hougan, Chief Information Officer at Bitwise, has made five predictions leading up to the next Bitcoin halving, scheduled for April 2028. The executive noted the difficulty of maintaining perspective amidst a flood of news. He suggested recalling key events from the past four years: Bitcoin ETFs were approved in several markets, including the US; […]

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ForkLog 20 28.03.2024

Bitwise Predicts Bitcoin Allocation in Portfolios to Reach 3%

Several asset managers have already allocated 3% of their clients’ funds to the leading cryptocurrency, with many more poised to follow suit soon, according to Bitwise CIO Matt Hougan. Day 19 of 20 on the road. It has been an amazing trip. A few additional take-aways to share: 1) ETF Flows Will Continue for Years: […]

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ForkLog 17 19.03.2024

Bitwise Predicts Imminent Access to Bitcoin ETFs for Major Investment Platforms

Within weeks, a leading investment platform is expected to offer access to a Bitcoin ETF. The delay in approving Ethereum ETFs is likely to result in significant inflows due to Wall Street’s better preparation for the product. In the coming weeks, a major investment platform may announce support for a spot Bitcoin ETF, according to […]

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ForkLog 7 10.03.2024

Bitwise Attributes Altcoin Surge to ETF Inflows

Bitwise’s Chief Investment Officer, Matt Hougan, attributed the simultaneous rise of Bitcoin and altcoins to the influx of new funds into the crypto industry via ETFs. 2/ IMO the primary driver of alt season is a classic «wealth effect.» Crypto natives make money in bitcoin, feel rich, and then look for more speculative assets to […]

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