Bitwise | ForkLog

ForkLog 9 24.09.2024

Influential Financiers Embrace Bitcoin, Says Bitwise CIO

Leading figures in the financial sector have begun investing in cryptocurrency, setting a trend others are likely to follow. This assertion was made by Bitwise’s Chief Investment Officer (CIO), Matt Hougan. The expert shared an illustrative experiment conducted to analyze the situation. Each time Hougan speaks at the summit of top US financial advisors, Barron’s […]

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ForkLog 10 19.09.2024

Bitwise CIO: Critics of Ethereum Will Be Proven Wrong

Ethereum has recently faced criticism due to its negative price trend, but this situation is expected to change. This view was expressed by Bitwise’s Chief Investment Officer (CIO) Matt Hougan. “It’s currently fashionable to dislike Ethereum. I bet that in the end, this will look foolish,” he noted. In recent months, Ethereum has shown weakness. […]

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ForkLog 8 16.09.2024

Bitwise Executive Backs Meme Coin ETF Launch

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, has expressed support for the launch of a meme coin ETF. He made this statement during an interview with Tony Edward. According to Hougan, while some criticize meme coins, if users wish to access them, it should be done in a regulated and secure environment. The Bitwise […]

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ForkLog 11 15.08.2024

Bitwise Reports 44% of Asset Managers Increased BTC-ETF Holdings

In the period from April to June, 44% of asset managers increased their investments in spot Bitcoin ETFs, while another 22% maintained their existing positions. These figures were reported by Bitwise, based on filings with the SEC. A few initial thoughts after reviewing the Q2 Bitcoin 13-F filings: 1) The Institutions Are Still Coming; Total […]

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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 16 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 10 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 10 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 18 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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