Hold onto your wallets, folks! 🎩 Bitwise Asset Management has decided that one ETF is just not enough, so they’ve filed for a whopping eleven new funds! That’s right, eleven-because who doesn’t want more of something they can barely understand? 😂
This fund extravaganza is set to dive headfirst into the wacky world of cryptocurrencies like Tron (TRX) at a bargain price of $0.28! 🤑
- 24h volatility: 0.8% 📈
- Market cap: $26.79 billion 💰
- Volume in the last 24 hours: $435.39 million 💸
And let’s not forget Zcash (ZEC), which is currently strutting around at $526.00! 💃
- 24h volatility: 1.8% 📉
- Market cap: $8.66 billion 💵
- Volume in the last 24 hours: $726.62 million 💳
Next on their crypto buffet is Aave (AAVE) at a steal of $149.50. Why buy a cup of coffee when you can own a piece of this? ☕️
- 24h volatility: 0.4% 📊
- Market cap: $2.27 billion 💲
- Volume in the last 24 hours: $145.87 million 💱
What about Ethena (ENA)? It’s just $0.21! You might as well grab a handful! 🍬
- 24h volatility: 0.8% 📉
- Market cap: $1.58 billion 💳
- Volume in the last 24 hours: $97.11 million 💪
Then there’s Hyperliquid (HYPE) priced at $25.76-perfect for those who want a splash of excitement without breaking the bank! 💦
- 24h volatility: 0.1% 😴
- Market cap: $6.14 billion 💰
- Volume in the last 24 hours: $147.77 million 🚤
And last but not least, Bittensor (TAO) at an impressive $223.00. Who knew digital coins could be so fancy? 🥳
- 24h volatility: 1.4% ⚡
- Market cap: $2.14 billion 🏦
- Volume in the last 24 hours: $54.28 million 🐢
Meanwhile, Bitwise is waiting with bated breath for the SEC to approve their altcoin ETF filings. Because what’s more fun than waiting for government approval? 🙄
Bitwise Takes Privacy to the Next Level! 🔒
On December 30, the SEC received new N-1A form applications from Bitwise. Yes, they’re back for more! 🎉
The asset manager wants to launch a set of “strategy” ETFs that will invest directly and indirectly in cryptocurrencies. Sounds fancy, right? 💼
Each fund is designed to put about 60% of its assets into a single token-because who needs diversification? 🥴
And the other 40%? Well, that’ll be in ETPs that also provide exposure to the same token. It’s like investing in the same sandwich twice! 🥪
Some of the crypto stars included are AAVE, Canton (CC), ENA, HYPE, Near Protocol (NEAR) at $1.51, Starknet (STRK) at $0.0782, Sui (SUI) at $1.45, TAO, TRX, Uniswap (UNI) at $5.91, and ZEC. What a party! 🎊
Per the filing with the SEC, each fund may even dabble in derivatives contracts. Futures? Swaps? Oh my! 🎢
Even with some pending applications, Bitwise is clearly ready to roll the dice on the crypto market. They must be feeling lucky! 🍀
Waiting for the SEC to Give the Thumbs Up on the AVAX ETF! 👍
On October 28, Bitwise became the first spot crypto ETF issuer to launch a Solana fund. Talk about being a trendsetter! 🌟
The Bitwise Solana Staking ETF (BSOL) comes with a 0.20% annual sponsor fee, which is waived for three months on the first billion in assets. That’s a deal you can’t refuse! 🤑
This fund also aims to generate more SOL through staking-because why just sit there when you can multiply your coins? 💫
And don’t forget about Bitwise’s Avalanche ETF application, which is still waiting for its moment in the spotlight. It’s like waiting for the next big blockbuster! 🎬
The AVAX ETF is set to be listed under the ticker symbol “BAVA,” with a management fee of 0.34%-waived for the first month or until it hits $500 million in AUM. What a way to reel in those investors! 🎣
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2025-12-31 14:51