Bitwise's Strategic Expansion: Acquiring ETC Group's Bitcoin ETPs
Monday, 19 August 2024, 13:47
Bitwise has recently acquired the physical Bitcoin ETP issuer ETC Group, a strategic action aligning with their ambitions in Europe. With this acquisition, Bitwise's total assets under management have surged to $4.5 billion, reflecting the growing appetite for digital assets. The addition of nine European crypto ETPs to their offerings indicates a robust expansion into the cryptocurrency market, strengthening their position amidst increasing consumer interest.
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