Bitwise | ForkLog

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 9 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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ForkLog 16 23.02.2024

Matrixport Predicts Bitcoin Could Reach $63,000 by March

The target of $63,000 for Bitcoin by March 2024 appears attainable, according to a report by Matrixport. Matrixport released a new report stating that BTC’s goal of reaching $63,000 in March 2024 is achievable. Catalysts include: the approval of a Bitcoin spot ETF, the Bitcoin halving, expectations of an interest rate cut after the Fed’s […]

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ForkLog 16 25.01.2024

Bitwise Bitcoin ETF Wallet Receives Donations as ‘Inscriptions’

The bitcoin address designated for holding acquired Bitwise Bitcoin ETF (BITB) coins received donations primarily in the form of ‘inscriptions’. Hours earlier, the product issuer Bitwise Asset Management disclosed information about the product’s wallet. At the time of writing, the address contains 16,773 ‘inscriptions’ valued at over $6,000. Among them are RSIC airdrops, Bitcoin Punk, […]

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ForkLog 22 25.01.2024

Bitwise Reveals Bitcoin ETF Wallet Address

Bitwise Asset Management has disclosed the bitcoin address holding the coins acquired for the Bitwise Bitcoin ETF (BITB). Announcement: Today the Bitwise Bitcoin ETF (BITB) becomes the first U.S. bitcoin ETF to publish the bitcoin addresses of its holdings. Now anyone can verify BITB’s holdings and flows directly on the blockchain. Onchain transparency is core […]

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ForkLog 28 11.01.2024

Bitwise and VanEck to Allocate ETF Profits to Bitcoin Development

Bitwise Asset Management has pledged to allocate 10% of the profits from its Bitwise Bitcoin ETF to the development of open-source Bitcoin projects. Bitwise will donate 10% of the profits of the Bitwise Bitcoin ETF (ticker: BITB) to bitcoin open-source development. Recipient orgs:— @BitcoinBrink— @OpenSats— @HRF Bitcoin is important to the future. We’re excited for […]

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ForkLog 17 21.12.2023

Hashdex launches Bitcoin-ETF ad campaign after Bitwise

Awaiting SEC approval for a spot-based Bitcoin ETF, Hashdex published a promotional video for the future product.

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ForkLog 39 14.12.2023

Bitwise: Bitcoin to hit $80,000 in 2024 after ETF approval

Bitwise: Bitcoin to hit a new all-time high at $80,000 in 2024 thanks to the halving and spot ETF approval.

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ForkLog 10 05.12.2023

BlackRock and Bitwise amend filings to launch Bitcoin ETFs

BlackRock and Bitwise filed amended applications to launch spot Bitcoin ETFs.

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ForkLog 23 10.11.2023

Bitwise denies links with the bankrupt, similarly named Bitwise Industries project

Bitwise Asset Management said there are no ties to the California-based technology startup Bitwise Industries amid regulatory troubles.

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