Bitwise Asset Management, the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading today, January 11th.
BITB will join Bitwise’s comprehensive suite of 18 crypto investment products, which currently includes five other crypto ETFs.
“We expect significant demand for bitcoin ETFs like BITB. Every year for the past six years, financial advisors have identified ETFs as their preferred way to help clients access bitcoin. Last year, 64% of financial advisors preferred a spot bitcoin ETF over existing vehicles. Across our existing client base of thousands of investment professionals, we hear the same thing. Now, at long last, a spot bitcoin ETF is arriving.”– Bitwise CEO, Hunter Horsley
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