Bitwise surges past $1bn in AUM

San Francisco firm Bitwise Asset Management said this week it surpassed the $1 billion mark in AUM across its fund family.

The firm offers four funds, including two index funds. Founded by Hunter Horsley and Hong Kim, the firm pioneered the first and largest cryptocurrency index fund and is a leading provider of rules-based exposure to crypto assets. Alongside Grayscale and SkyBridge, the firm was recently added to an IRA investment platform called Alto.

“Crypto is . . .

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