Latest news with #HunterHorsley
Business Wire
2 days ago
- Business
- Business Wire
Bitwise Surpasses $15 Billion in Client Assets, Up 200% From October 2024
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, a global crypto-focused alternative asset manager, announced today that the company recently surpassed $15 billion in client assets across its suite of more than 40 investment products. Alongside this milestone, Bitwise has expanded its team by 20% this year, now totaling 111 professionals with offices in San Francisco, New York, and London. Bitwise has seen strong global investor demand in 2025, following unprecedented regulatory clarity for the crypto industry. Since the start of the year, over 550 wealth management teams and firms have invested in a Bitwise solution, alongside endowments, corporations, family offices, asset managers, banks, and individuals. Bitwise products have also been approved for use at five bank and private bank wealth management platforms across the U.S. and Europe. 'Crypto has begun a new chapter as a mainstream alternative asset class this year,' said Hunter Horsley, CEO of Bitwise Asset Management. 'Clients who previously just tracked the space are now increasingly integrating crypto into their platforms and portfolios. We're seeing uptake across Bitwise's broad array of solutions spanning ETPs, private alpha solutions, SMAs, options overlays, and staking. We strive to be a reliable specialist partner to help clients navigate the space and its opportunities, and are excited to see more and more firms engaging with this asset class.' Earlier this year, Bitwise announced a $70 million equity raise, fueling the continued expansion of its best-in-class team and the development of industry-leading capabilities. The round included participation from MassMutual, Electric Capital, MIT Investment Management Company, Highland Capital, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors, and Nikesh Arora, among others. Known for its research and educational resources, Bitwise recently published a mid-year scorecard of the firm's 10 predictions for 2025 as well as its quarterly Crypto Market Review. The firm also publishes a weekly memo from the CIO, which reaches tens of thousands of investors and investment professionals. About Bitwise Founded in 2017, Bitwise offers industry-leading education and a broad suite of professional investment products spanning ETPs, private funds, multi-strategy solutions, separately managed account strategies, and staking. The firm has over 100 technology and investment professionals, and serves as a partner to thousands of investment professionals and financial institutions looking to understand and gain exposure to bitcoin and other crypto assets. For more information on Bitwise, visit
Yahoo
20-06-2025
- Business
- Yahoo
Bitwise CEO Says Lots Of Bitcoin Demand Is Coming In Q3. Here's Why:
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitwise CEO Hunter Horsley has hinted at sustained bullish momentum for Bitcoin in the coming months. Horsley said last week on X that 'a lot of demand' is coming for Bitcoin in Q3. He cited yet-to-be-completed merger and financing deals by impending Bitcoin treasury firms have been the major drivers of Bitcoin buying pressure and price action this year. 'There's a lot of Bitcoin Treasury Companies that have announced— but haven't yet closed, and thus bought the bitcoin,' he said. 'There's a lot of demand coming in Q3.' Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . Among companies that have revealed Bitcoin treasury plans but have not closed deals are Twenty One Capital and Strive Asset Management. In April, Twenty One was announced as a new Bitcoin treasury company to be formed through Cantor Fitzgerald's Cantor Equity Partners (NASDAQ:CEP), a special purpose acquisition company. The new venture is to be partly owned by cryptocurrency exchange Bitfinex, its subsidiary Tether and Japanese investment bank SoftBank. Twenty One said it planned to launch with 42,000 BTC at the completion of its deal. So far, it has received only 37,000 BTC worth $4 billion from Tether. Strive in May also announced plans to become a publicly traded Bitcoin treasury company by merging with Asset Entities (NASDAQ:ASST). While the company has yet to close this merger, it later said that it raised $750 million to fund its first round of Bitcoin purchases. Beyond Twenty One Capital and Strive, Trump Media & Technology Group (NASDAQ:DJT) recently received the Securities and Exchange Commission's greenlight to kick off its Bitcoin treasury strategy, unlocking $2.3 billion in capital it had raised from 50 institutional investors to buy Bitcoin. Trending: New to crypto? on Coinbase. While new Bitcoin treasury companies work towards making purchases, incumbents are not slowing down. MicroStrategy (NASDAQ:MSTR) on Monday announced the purchase of 10,100 BTC for over $1 billion. Metaplanet also announced the purchase of 1,112 BTC for approximately $117 million, bringing its total stash to 10,000 BTC. Bitwise in December predicted that Bitcoin would trade as high as $200,000 in 2025. Last week, Horsley said once Bitcoin trades within the $130,000 to $150,000 price range, no one will sell the asset again. He said borrowing against asset holdings will become the order of the day. 'From there on, when people need liquidity, they are going to borrow from an ever growing set of lenders,' he said. 'All of which will further propel price. There's simply not going to be enough Bitcoin.' At last look, the asset is trading near $107,400, holding steady despite rising tensions between Iran and Israel in the past few days. Read Next: A must-have for all crypto enthusiasts: . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article Bitwise CEO Says Lots Of Bitcoin Demand Is Coming In Q3. Here's Why: originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Crypto Insight
15-06-2025
- Business
- Crypto Insight
Bitcoin can absorb $30T US Treasury market — Bitwise CEO
Bitcoin's total addressable market encompasses the $16 trillion gold market and the $30 trillion US Treasury market used as a store of value by individual bondholders and institutions, according to Hunter Horsley, the CEO of digital asset investment firm Bitwise. 'The opportunity for Bitcoin isn't just gold; it is the $30 trillion-plus using Treasuries as a store of value,' the CEO wrote on Friday. Horsley was responding to an earlier post from economist Mohamed El-Erian, in which the economist cautioned analysts that US Treasury flows are no longer a barometer for investor flight to safety. Instead, the economist said that analysts should watch flows into gold and silver — the traditional hedges against currency inflation — for an indication of where investors are seeking safe haven from market risks. Bitcoin continues to attract investor attention as it emerges as an alternative savings technology and a store-of-value asset with gold-like properties, that can hedge against geopolitical turmoil, macroeconomic shock, and downturns in risk-on markets. Geopolitical tensions and runaway government spending fuel Bitcoin adoption Geopolitical tensions and excessive spending by governments are fueling Bitcoin adoption, as market participants seek to protect the value of their savings from the corrosive effects of inflation and the ever-present counter-party risks inherent in centrally managed fiat currencies. In the United States, President Trump's 'Big Beautiful Bill' is estimated to add up to $2.5 trillion in deficit spending — piling onto the nearly $37 trillion national debt. Critics of the bill, including Elon Musk, the former head of the Department of Government Efficiency (DOGE), say that contrary to President Trump's stated aims, the current budget is not sustainable and will erode the long-term fiscal health of the US further. In April 2025, the bond market reacted to the ongoing macroeconomic uncertainty of Trump's trade tariffs and rising US debt levels in a sharp sell-off as investors unloaded the US government securities. The market dump spiked bond yields as investors demanded higher interest rates to compensate for the increased risk of lending to the US government. 'The US fiscal situation is bad, and Trump's ideas for improving it just spooked the bond markets and it will take something serious to get it to settle down again,' author of The Bitcoin Standard Saifedean Ammous wrote in an April 23 X post. Source:
CNBC
04-06-2025
- Business
- CNBC
Bitwise CEO Hunter Horsley: 2025 is a ‘watershed year' for crypto
Bitwise CEO Hunter Horsley sits down with CNBC from Bitcoin 2025 to discuss bitcoin's new record, crypto ETFs and regulatory advancements for digital assets in the United States.
CNBC
03-06-2025
- Business
- CNBC
Robinhood shares climb after trading app completes Bitstamp deal: CNBC Crypto World
On today's episode of CNBC Crypto World, Robinhood shares climb after the retail trading platform completes its acquisition of Bitstamp, which gives the firm an immediate international footprint. Plus, Bitwise CEO Hunter Horsley sits down with CNBC from Bitcoin 2025 to discuss bitcoin's new record, crypto ETFs and regulatory advancements for digital assets in the U.S. And also speaking from Bitcoin 2025, Kraken CEO Dave Ripley discusses crypto regulations he's hoping Congress will pass.
