Bitwise Innovates in Crypto ETF Space

Bitwise Innovates in Crypto ETF Space



Bitwise, a leader in the financial technology sector, recently made headlines by openly sharing the wallet address for its Bitcoin Exchange-Traded Fund (ETF). This marked the first occasion a company in this space has taken such a step. Following this announcement, the wallet unexpectedly started receiving Bitcoin donations from enthusiastic supporters of the ETF.



Interestingly, these contributions were not just limited to small Bitcoin amounts like 0.00042069 BTC. The wallet also accumulated a variety of BRC-20 tokens, Bitcoin-themed domain names, and an assortment of Bitcoin-related Non-Fungible Tokens (NFTs). These spontaneous donations collectively surpassed the $5,000 mark in value.



Matt Hougan, the Chief Investment Officer at Bitwise, highlighted that these additional assets will be channeled for the benefit of BITB fund


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#Bitwise, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF, #Regulations

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