tl;dr
Bitwise Asset Management has acquired Ethereum staking service Attestant as part of its expansion beyond core businesses. Attestant manages $3.7 billion in assets for clients seeking Ethereum staking. The acquisition includes 11 Attestant employees joining Bitwise, and the company will now manage ov...
Bitwise Asset Management has acquired Ethereum staking service Attestant as part of its expansion beyond core businesses. Attestant manages $3.7 billion in assets for clients seeking Ethereum staking, and the acquisition includes 11 Attestant employees joining Bitwise. With this acquisition, Bitwise will now manage over $10 billion in client assets. Bitwise CEO Hunter Horsley emphasized the importance of scale and broad capabilities for clients in this space. Ethereum staking offers 3.78% rewards, with nearly a third of all ETH staked.
Bitwise's Bitcoin ETF (BITB) and Ethereum ETF (ETHW) have significant assets under management, with ETHW seeing a recent net inflow of $360.4 million. The current ETH price is $3,163, with a 24-hour low and high of $3,121 and $3,444, respectively. Trading volume has decreased by 10% in the last 24 hours, indicating a decline in trader interest. Total ETH futures open interest has fluctuated, suggesting the potential for Ethereum price to reach a new all-time high.
Bitwise Asset Management, a crypto exchange-traded fund (ETF) issuer, has acquired Attestant, an Ethereum staking service, as part of its expansion outside core businesses. Attestant manages $3.7 billion in assets for clients seeking Ethereum staking. The acquisition includes 11 employees from Attestant joining Bitwise, and the company will now manage more than $10 billion in client assets.
Bitwise's Bitcoin ETF (BITB) is currently the sixth largest available to US investors, with about $3.8 billion in assets under management. Additionally, the spot Bitcoin ETF has a net inflow of $2.38 billion, while the spot Ethereum ETF (ETHW) has $360.58 million in assets under management, with a net inflow of $360.4 million. The ETH price today is $3,163, with a 24-hour low and high of $3,121 and $3,444, respectively. The trading volume has decreased by 10% in the last 24 hours, indicating a decline in trader interest. Total ETH futures open interest has fluctuated, suggesting the potential for Ethereum price to reach a new all-time high.