The startup operates an asset management platform that provides cryptocurrency index funds and single-asset funds, utilizing modern security protocols to safeguard investments. This platform offers clients a low-cost and liquid means to gain structured exposure to the cryptocurrency market.
Funding
$70M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EGFounders
Product
Problem
Gaining exposure to the cryptocurrency market can be complex and time-consuming, requiring investors to actively manage a portfolio of digital assets. Selecting individual cryptocurrencies and ensuring secure custody adds further layers of complexity and risk.
Solution
Bitwise Asset Management provides professionally managed cryptocurrency index funds and single-asset funds, offering investors a simplified and secure way to access the crypto market. These funds are designed to provide structured exposure to a diversified basket of crypto assets or specific digital currencies, removing the need for individual asset selection and active portfolio management. Bitwise utilizes institutional-grade custody solutions and modern security protocols to safeguard investments, while providing a familiar investment vehicle. Through ETFs, publicly traded trusts, and private funds, investors can gain exposure to over 20 different crypto assets, as well as equities, hedge funds, and NFT collections.
Target Audience
The primary target audience includes both retail and institutional investors seeking professionally managed, diversified, and secure exposure to the cryptocurrency market through familiar investment vehicles.
Features
- Crypto index funds that track the performance of a diversified basket of top crypto assets, rebalanced monthly
- Single-asset funds providing exposure to individual cryptocurrencies like Bitcoin and Ethereum
- ETF and ETP structures for convenient access through traditional brokerage accounts
- Institutional-grade custody solutions to ensure the security of digital assets
- Publicly traded trusts with shares available on the OTCQX Best Market
- Access to thematic crypto investments, including Web3-focused ETFs
- Actively managed crypto strategies, including trend-following approaches