Bitwise Asset Management, a leading crypto asset manager with over $700 million in assets under management ("AUM"), announced today that it has begun the regulatory process to allow shares of the Bitwise Bitcoin Fund to trade on OTCQX. If approved, shares of the fund would be available for trading in traditional brokerage accounts and for custody with many traditional custodians.
The company has not yet announced a ticker for the fund.
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Fear of missing out is a real thing. Look no further than the bitcoin market.
Almost 10% of advisors today are allocating to bitcoin, according to a survey released this week from Bitwise and ETF Trends. That, at face value, may not sound like much, but that number represents roughly a 50% growth in the number of advisors investing in the cryptocurrency versus just a year ago.
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Bitwise Asset Management, a leading provider of crypto index funds, announced today that it recently surpassed $500 million in assets under management (AUM), after reporting $100 million in AUM on October 28, 2020.
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You can now buy Bitcoin while reducing the world’s carbon footprint thanks to the introduction of our newest supported token, Bitcoin Zero, which starts trading on Uphold today.
Bitcoin Zero (BTC0) is real Bitcoin but with net zero emissions. Issued by the Universal Protocol Alliance (UPA), the ERC-20 token consists of one Bitcoin rendered carbon neutral at minting by the retirement of 10 Universal Carbon tokens. These represent 10 tonnes of pollution averted by an underlying certified REDD+ rainforest project.
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