Bitwise Investments has finally joined the list of hedge funds with a minimum of $1 billion in crypto assets under management (AUM). The leading provider of index and beta crypto funds announced yesterday that its AUM had crossed the $1 billion benchmark.
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:
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