The firm attributed its growth to two key products – the Bitwise 10 Crypto Index Fund and the Bitwise DeFi Crypto Index Fund, with the latter being a first of its kind. Commenting on the development CEO Hunter Horsley said:
Judging by the latest announcement, it appears its crypto AUM has more than doubled since the beginning of the year.
The Bitwise 10 Crypto Index Fund keeps indexes the top-10 largest cryptocurrency assets. Taking a cue from Grayscale’s AUM, it would not come as a surprise if Bitcoin dominates the portfolio.
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Source: Cryptocurrency - investing.com
