Bitwise Asset Management has reached a new milestone by surpassing $10 billion in assets under management (AUM). This achievement reflects the growing interest in Bitcoin 
$90,953 and the overall cryptocurrency market. The company’s focus on providing innovative crypto investment solutions positions it as a significant player in the rapidly changing financial landscape.
Bitwise Surpasses $10 Billion AUM Target
Hunter Horsley stated, “This week, Bitwise Invest has surpassed $10 billion across the Bitwise portfolio.” He emphasized the company’s commitment to the sector, noting that all AUM is allocated to Bitcoin and other crypto opportunities. Bitwise offers over 30 customized investment solutions, including ETFs, index funds, hedge funds, and staking options. The company has also applied for multiple crypto ETFs in response to rising market optimism.
Bitcoin ETF Investments Break Records
Horsley expressed that these solutions enable investors to easily explore various crypto opportunities. He also introduced Bitwise’s growing team of 95 professionals dedicated to establishing long-term partnerships with investors and maintaining the ethical foundation of the crypto ecosystem.
A user recalled a conversation with an executive who mentioned the company’s assets were at $5 billion just weeks ago. Horsley confirmed this notion, remarking that the company has gained momentum with increased crypto adoption.
The success of the asset manager reflects a growing confidence in digital assets. As the crypto market recovers and institutional interest rises, asset managers like Bitwise are becoming key intermediaries for mainstream adoption. Additionally, investments from major banks bolster market confidence.
BTC price rose over 4% this week, reaching $91,156. The cryptocurrency hit a record level of $93,434 this week, although trading volume decreased by 16%.
Bitwise Asset Management’s AUM surpassing $10 billion is seen as a significant indicator of growth in the crypto market.
