Bitwise announced on Friday the launch of Bitwise Trendwise Bitcoin and Treasury Rotation Strategy ETF (BITC)
Bitwise announced on Friday the launch of Bitwise Trendwise Bitcoin and Treasury Rotation Strategy ETF (BITC). This fund combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).
With the new fund, asset managers can rotate between 100% exposure to crypto futures contracts and 100% exposure to U.S. treasuries based on market trends, with the conversion possibly taking place on December 3rd. The new fund will charge investors a fee rate of 0.85%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yesterday, the net inflow of US SOL spot ETFs was $5.3 million.
Ethereum supporter Anthony Sassano: Ethereum gas limit may increase by 3-5 times next year
Pandora Ethereum ETF to be listed on the Hong Kong Stock Exchange on December 3
Data: US XRP spot ETF sees a single-day net inflow of $22.68 million
Trending news
MoreCrypto prices
More
