Tag: bitwise asset management

More Financial Advisors Interested in Bitcoin, Says Bitwise. Really, why?

2019 was supposed to be the year that Bitcoin hit $20,000, a price it last touched at the end of 2017. It was also the year that institutional floodgates opened for the cryptocurrency ecosystem, making it more liquid and resilient. Neither of those things happened. Instead, cryptocurrency prices continued to flounder between excessive optimism and… Read More More Financial Advisors Interested in Bitcoin, Says Bitwise. Really, why?

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Asset Management Firm Bitwise Launches Two New Funds In Slumping Crypto Markets

Even as retail investors flee a crashing cryptocurrency market, institutional investors are loosening their purse strings. Last month, digital asset manager Grayscale reported record institutional capital inflows into the firm. This month, San Francisco-based asset management firm Bitwise is announcing the addition of two new index funds to service increased demand for cryptocurrencies from institutional… Read More Asset Management Firm Bitwise Launches Two New Funds In Slumping Crypto Markets

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Bitwise Adds Ric Edelman As Advisor; Sees Shift In Client Mix Due To Crypto Market Downturn

In a major win for the company, Bitwise Asset Management announced that Ric Edelman, founder of Edelman Financial Services, has invested in and become an advisor to the firm. Bitwise launched the world’s first cryptocurrency index fund last year and has also filed for a bitcoin ETF. Edelman Financial Services is among the largest independent… Read More Bitwise Adds Ric Edelman As Advisor; Sees Shift In Client Mix Due To Crypto Market Downturn

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Analyzing Monthly Returns For Cryptocurrency Prices In 2017

Yesterday I wrote a post about San Francisco-based investment firm Bitwise Asset Management’s first research report about cryptocurrencies for Investopedia. The report, which is a case for diversification of holdings within the cryptocurrency ecosystem, tracked monthly returns for the top 10 cryptocurrency holdings in their HOLD10 index in the last year. Given the tumultuous volatility… Read More Analyzing Monthly Returns For Cryptocurrency Prices In 2017

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