Loading...
Market
What will be Bitwise's rank among Bitcoin ETP providers by the end of 2024?
2
Resolution / Starting Odds
First • 25%
Second • 25%
Third • 25%
Fourth or lower • 25%
Bitwise official announcements or financial reports
Story
Bitwise Acquires ETC Group, Manages 55,000 Bitcoin, Becomes Fifth-Largest Bitcoin ETP Provider
Aug 19, 2024, 01:35 PM
Bitwise Asset Management, a prominent crypto exchange-traded fund provider, has announced the acquisition of ETC Group, a digital asset issuer based in London. ETC Group is known for managing Europe's largest physical Bitcoin exchange-traded product (ETP), BTCE, and the ET32 Ethereum ETP. This acquisition marks Bitwise's expansion into the European market, enhancing its suite of crypto products and providing its clients access to global markets. The combined entity will manage approximately 55,000 Bitcoin, positioning it as the fifth-largest Bitcoin ETP provider globally. The deal also increases Bitwise's assets under management to over $4.5 billion.
View original story
Similar markets
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Less than 5% market share • 25%
5% to 10% market share • 25%
10% to 15% market share • 25%
More than 15% market share • 25%
Outperforms Bitcoin • 25%
Outperforms Ethereum • 25%
Outperforms both • 25%
Outperforms neither • 25%
Top 10 • 25%
Top 20 • 25%
Top 30 • 25%
Outside Top 30 • 25%
BlackRock • 25%
Grayscale • 25%
Valkyrie • 25%
Other • 25%
Bitcoin (BTC) • 25%
Ethereum (ETH) • 25%
Solana (SOL) • 25%
Other • 25%
BlackRock • 25%
Vanguard • 25%
Fidelity • 25%
Other • 25%
BlackRock leads • 25%
Vanguard leads • 25%
Fidelity leads • 25%
Other firm leads • 25%
BlackRock • 25%
Fidelity • 25%
Bitwise • 25%
Ark • 25%
Top 5 • 25%
Top 10 • 25%
Top 20 • 25%
Outside Top 20 • 25%
IBIT • 25%
BlackRock Bitcoin ETF • 25%
ProShares Bitcoin ETF • 25%
Other • 25%