1. Income option funds
- Bitwise currently offers exchange-traded funds focusing on income strategies from cryptocurrency options, such as:
- Bitwise Bitcoin Option Income Strategy ETF (Ticker: ICOI)
- Bitwise Ethereum Option Income Strategy ETF (Ticker: ETHW)
- Bitwise BITQ Option Income Strategy ETF (related to cryptocurrency company stocks).
- These funds are designed to generate income through trading Bitcoin and Ethereum options, providing investors with institutional exposure while reducing volatility.
2. Other innovative funds
- In addition to option funds, Bitwise offers a variety of products, such as:
- Bitwise Crypto Industry Innovators ETF (BITQ) focuses on stocks of innovative companies in the cryptocurrency sector.
- Bitwise Bitcoin ETF (BITB) is a fund that directly tracks Bitcoin's performance, managing assets of nearly **$4 billion.
- Bitwise Ethereum Staking ETP (ET32) is a fund that allows investors to earn returns from Ethereum staking.
3. Expansion in Europe
- Bitwise has listed four ETPs on the London Stock Exchange, including:
- Bitwise Physical Bitcoin ETP (BTCE)
- Bitwise Ethereum Staking ETP (ET32)
- This move aims to enhance access for European investors through safe and transparent products.
4. Pending applications with the Securities and Exchange Commission (SEC)
- Bitwise has filed for the Bitwise 10 Crypto Index ETF which tracks the top 10 cryptocurrencies (such as Bitcoin, Ethereum, Solana, XRP).
- It has also applied for an XRP ETF despite regulatory challenges with the SEC.
5. Market forecasts
- Bitwise's Chief Investment Officer Matt Hougan expects Bitcoin to reach $200,000 by the end of 2025, supported by institutional demand and supply shortages.
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### Summary
Bitwise's rapid expansion in the cryptocurrency ETF market, with a strong focus on:
- Option funds for stable income.
- Diversified index funds (such as BITQ and BIT10).
- Global presence across Europe and the United States.