Bitwise Achieves $15 Billion in Client Assets Amid Cryptocurrency Growth

According to Foresight News, alternative asset management firm Bitwise has recently disclosed that the client assets across its more than 40 investment products have surpassed $15 billion. Additionally, Bitwise has expanded its team by 20% this year, now employing 111 professionals with offices in San Francisco, New York, and London. Bitwise CEO Hunter Horsley remarked that cryptocurrency has emerged as a mainstream alternative asset class, marking a new chapter this year. Clients who previously focused solely on this sector are increasingly integrating cryptocurrencies into their platforms and investment portfolios. Bitwise's diverse solutions, including ETPs, private alpha solutions, SMAs, options coverage, and staking, are gaining traction.