Bitwise is a pioneering asset management company that has made its mark in the world of cryptocurrency. Bitwise is known for creating the world’s largest crypto index fund, offering a secure way to get diversified exposure to bitcoin and leading cryptocurrencies. The fund seeks to track an index comprised of the 10 most highly valued cryptocurrencies, screened, and monitored for certain risks, weighted by market capitalization, and rebalanced monthly.
Since launching their first crypto index fund in 2017, Bitwise hasn’t stopped expanding opportunities for investors. They now offer 18 products across a range of formats, including ETFs, publicly traded trusts, SMAs, and private funds. These provide exposure to over 19 different crypto assets, plus equities, hedge funds, and NFT collections.
Bitwise’s team comprises more than 60 of the best minds in tech, asset management, and law. This world-class team with rich experience gives investors smart access to a complex space and answers to their toughest questions.
In 2021, Bitwise completed a $70 million Series B funding round, valuing the company at more than $500 million. The list of institutional investors includes notable names like Daniel Loeb’s Third Point LLC, Daniel Och’s Willoughby Capital, Louis Bacon’s Moore Strategic Ventures, Coinbase Ventures, ParaFi Capital, and many more.