Key Takeaways
- • Bitwise Asset Management has submitted comments to the U.S. Securities and Exchange Commission on its proposed Regulation Crypto Assets, according to the source article.
- • Hunter Horsley, Bitwise's CEO and co-founder, described regulators as taking a constructive approach and expressed appreciation for the opportunity to provide input.
- • Bitwise recently expanded its Ethereum exposure with a lighter Ethereum ETP launched in Europe.
- • Bitwise's Solana Staking ETF reached total assets under management of $1.2 billion after more than $60 million in inflows, per company disclosures.
Summary
Bitwise Asset Management has submitted comments on the U.S. Securities and Exchange Commission's proposed Regulation Crypto Assets, the source reports. Chief Executive and co-founder Hunter Horsley said the firm was grateful for the constructive approach taken by regulators and appreciated the opportunity to contribute input on the proposed framework. The source does not detail the specific provisions Bitwise addressed in its submission.
The filing comes alongside continued product development by the firm. Bitwise recently expanded access to Ethereum investments through the introduction of a lighter Ethereum exchange-traded product (ETP) in Europe. Earlier this year, its Solana Staking ETF reached total assets under management of $1.2 billion following inflows of over $60 million, according to company disclosures.
The activity reflects Bitwise's ongoing work in digital asset products for both institutional and retail clients. For allocators tracking the regulatory treatment of crypto assets in the United States, the submission indicates that a major crypto asset manager is engaging directly with the SEC during the rule-proposal stage.
The filing comes alongside continued product development by the firm. Bitwise recently expanded access to Ethereum investments through the introduction of a lighter Ethereum exchange-traded product (ETP) in Europe. Earlier this year, its Solana Staking ETF reached total assets under management of $1.2 billion following inflows of over $60 million, according to company disclosures.
The activity reflects Bitwise's ongoing work in digital asset products for both institutional and retail clients. For allocators tracking the regulatory treatment of crypto assets in the United States, the submission indicates that a major crypto asset manager is engaging directly with the SEC during the rule-proposal stage.
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