appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageAugust 19, 2024

Bitwise Expands into Europe with $1B Purchase of ETC Group and Nine Crypto ETPs

TL;DR Bitwise Asset Management acquires ETC Group, marking its entry into the European market and adding several crypto ETPs to its portfolio. ETC Group, known for its physical Bitcoin ETP (BTCE) and other crypto products, will be rebranded but without significant changes to its strategies.
Publisher: Crypto Economy
Sentiment: Positive
ETC

More News Articles

Positive
cover-imageBitcoin
August 19, 2024

Bitwise Expands European Presence Through Acquisition of ETC Group

Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise's assets under management to over $4.5 billion, adding nine European-listed crypto ETPs to its expanding portfolio.

Positive
cover-imageProactive Investors
August 19, 2024

Bitwise and ETC Group join forces to create crypto ETF powerhouse

San Francisco-based cryptocurrency index fund manager Bitwise Asset Management has acquired London-based competitor ETC Group, signalling its expansion into the European markets. ETC Group, with over $1 billion in assets under management, owns BTCE, currently the largest physical bitcoin exchange-traded products (ETP) in Europe.

Positive
cover-imageCryptoSlate
August 19, 2024

Bitwise AUM surpasses $4.5 billion, expands to Europe with ETC Group purchase

Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe's largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise's assets under management (AUM) to over $4.5 billion and enhances its capability to serve European investors with institutional-grade products.

Positive
cover-imageCryptoGlobe
August 19, 2024

Bitwise Asset Management Acquires London-Based Crypto ETP Issuer ETC Group, Strengthening European Market Presence

On 19 August 2024, Bitwise Asset Management announced its acquisition of ETC Group, a significant move that marks the expansion of Bitwise's presence in the European market. Founded in 2019, ETC Group has developed a robust suite of exchange-traded products (ETPs) that have gained substantial traction in the cryptocurrency space.

Positive
cover-imageProactive Investors
August 19, 2024

Bitwise and ETC Group join forces to create crypto ETP powerhouse

San Francisco-based cryptocurrency index fund manager Bitcoin Asset Management has acquired London-based competitor ETC Group, signalling Bitwise's expansion into the European markets. ETC Group, with over $1 billion in assets under management, owns BTCE, currently the largest physical bitcoin exchange-traded product (ETP) in Europe.

Negative
cover-imageCoingape
August 2, 2024

Can Ethereum Classic Price Survive $800K Liquidations?

The cryptocurrency market is facing significant challenges following July's volatility. Ethereum Classic price has not been immune to these headwinds, dropping 5.4% over the past week and an additional 2% in the last day to trade at $21.34 during US business hours on Tuesday.

Positive
cover-imageBenzinga
May 24, 2024

Ethereum Classic, Often Considered A Cheaper Play, Outshines ETH On Spot ETF Approval Day: What's Going On?

On a day when the first-ever Ethereum (CRYPTO: ETH) spot ETFs have been approved in the U.S., Ethereum Classic (CRYPTO: ETC) seems to be stealing the spotlight from its sister chain. What Happened: Ethereum Classic racked up gains of nearly 9% in the last 24 hours, according to data from Benzinga Pro, positioning itself as the marker's second-best performer.

Next Page 1