Banks Representing $2,000,000,000,000 in Assets Now Offering Bitcoin and Crypto Exposure to Clients: Bitwise
— Bitwise, Exposure, Clients, Firm, Bitcoin, Hodl, Banks, Daily, Offering, Products — 1 min read
Bitwise Asset Management CEO Hunter Horsley offers insight into the current state of crypto adoption. The firm now offers 14 crypto funds and exposure to over 30 different crypto assets and 10 NFT collections, with $1.3 billion in assets under management. Bitwise launched its first crypto index fund in 2017 and is now the world's largest crypto-asset fund manager with $2 billion in investments. In addition to working with thousands of high net worth individuals, the firm also works with 1,000 independent advisory firms and a few dozen institutions. Horsly says the number of institutional advisors working with the firm is increasing at a rapid pace. The rate is what’s important and the rate is a wave. A wave that's gathering steam. Source