Loading...
Market
What will be Bitwise's total assets under management by the end of 2024?
3
Resolution / Starting Odds
Less than $4.5 billion • 25%
$4.5 billion to $5 billion • 25%
$5 billion to $6 billion • 25%
More than $6 billion • 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%
0-50 • 25%
51-100 • 25%
101-150 • 25%
More than 150 • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
Staked Ethereum ETF • 25%
Ethereum yield fund • 25%
Crypto index fund • 25%
No new products • 25%
AUM increases by more than 100% • 25%
AUM increases by 50-100% • 25%
AUM increases by less than 50% • 25%
AUM remains the same or decreases • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
AUM remains below $100 million • 25%
AUM reaches $100 million to $150 million • 25%
AUM reaches $150 million to $200 million • 25%
AUM exceeds $200 million • 25%
Less than $1 billion • 25%
$1 billion to $5 billion • 25%
$5 billion to $10 billion • 25%
More than $10 billion • 25%
Outperforms Bitcoin • 25%
Outperforms Ethereum • 25%
Outperforms both • 25%
Outperforms neither • 25%
Less than $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%