6 / 9 Relevant items tagged with #Bitwise

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Bitwise President Praises Tether’s Successful Business Model

[Apr 10, 2024 2:23 AM] Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to…

Bitcoin ETF Demand Surges, Outpacing Supply by 600%

[Mar 27, 2024 12:49 PM] The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management.Demand from US BTC…

US Spot Bitcoin ETFs Rebound With $418 Million Inflow

[Mar 27, 2024 12:30 PM] On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418…