Summary
Bitwise currently holds 11,858 bitcoins valued at around $474 million. The company has seen significant inflows of $518 billion in the past eight days, making it the most successful crypto-native ETF issuer. BlackRock and Fidelity’s spot ETFs have seen higher inflows, with approximately $1.8 billion and $1.5 billion respectively.
Key Points
1. Bitwise currently holds 11,858 bitcoins worth approximately $474 million at the current bitcoin price of just under $40,000.
2. Bitwise has emerged as the most successful crypto-native ETF issuer, attracting $518 billion of inflows within the past eight days.
3. While Bitwise’s inflows are significant, they still fall behind the inflows witnessed by spot ETFs from BlackRock and Fidelity, which received approximately $1.8 billion and $1.5 billion in inflows, respectively.