-- Crypto exchange-traded fund provider Bitwise Asset Management is buying ETC Group, a digital-assets issuer based in London, adding to a spate of deals within the ETF industry.Terms of the deal weren’t disclosed. At the close of the transaction, San Francisco-based Bitwise will manage $4.5 billion, the company said in a statement Monday. London-based ETC Group, whose products include a physically backed Bitcoin fund, has around $1.1 billion of assets under management, according to its website.
The deal “allows us to serve European investors, to offer clients global insight, and to expand the product suite,” Bitwise Chief Executive Officer Hunter Horsley said in the statement.Sports Betting Is Legal, and Sportswriting Might Never Recover600,000 more investors dragged into paying tax Ainos Unveils AI Nose Breakthrough that Revolutionizes Smart Manufacturing Factory Automation and Manufacturing Safety
2024 Marks the 70th year of the MDA and IAFF partnership. IAFF Fill the Boot Labor Day Weekend The International Association of Fire Fighters will be in cities across America throughout Labor Day weekend with Fill the Boot fundraisers for the Muscular Dystrophy Association’s mission. New York, Aug.
Mullen Announces Princeton University’s Facilities Operations’ Class 3 EV Truck Order for Campus Operations Sicily yacht sinking latest: British tech tycoon Mike Lynch among missing after Bayesian superyacht capsized