Key Takeaways
- • Bitwise Asset Management, which reports more than $15 billion in client assets, has hired Gordon Grant as Portfolio Manager and Head of Derivatives and Jonathan Man as Portfolio Manager, Multi-Strategy Solutions, according to a Business Wire announcement.
- • Gordon Grant will lead Bitwise's volatility trading and options overlay SMA business; he previously headed Sales and Trading at Genesis and spent nearly a decade as a Portfolio Manager and Director of Derivatives at a large macro hedge fund.
- • Jonathan Man will lead Multi-Strategy Solutions; he was most recently Head of Investment Products at LionSoul, where he launched the Bitcoin Alpha Fund of Funds and Market Neutral Fund of Funds, and previously founded Valmar Capital and spent 17+ years at CIBC.
- • The hires expand Bitwise's Alpha and Private Solutions franchise, which includes options overlays on large spot holdings, custom digital asset treasury programs, onchain strategies and multi-strategy solutions.
- • CEO Hunter Horsley frames the move as a response to investors increasingly seeking alpha and custom solutions beyond beta exposure to crypto.
Summary
Bitwise Asset Management, a crypto asset manager with more than $15 billion in client assets, announced the recent appointment of two portfolio managers to its expanding Alpha and Private Solutions teams, according to a Business Wire release dated September 18, 2025. Gordon Grant joins as Portfolio Manager, Head of Derivatives, and will lead the firm's growing volatility trading and options overlay separately managed account business. Jonathan Man joins as Portfolio Manager, Multi-Strategy Solutions, and will lead that franchise.
Bitwise CEO Hunter Horsley said investors have long used the firm for beta exposure to crypto but are increasingly asking it to help them access alpha and implement custom solutions. He described the franchise as offering income generation through options overlays on large spot holdings, custom digital asset treasury management programs, onchain strategies and multi-strategy solutions.
Man most recently served as Head of Investment Products at LionSoul, where he launched and managed the Bitcoin Alpha Fund of Funds and Market Neutral Fund of Funds. He previously founded Valmar Capital and served as its CIO, and spent more than 17 years on Wall Street at CIBC, trading CMBS, interest rates and credit derivatives.
Grant is described by the firm as a widely respected figure in crypto derivatives, with experience advising institutional and high-net-worth investors on options and complex derivatives. He was previously Head of Sales and Trading at Genesis, which the release characterizes as the largest crypto derivatives franchise in the industry at the time, and spent a nearly decade-long stint as a Portfolio Manager and Director of Derivatives at a large macro hedge fund.
The announcement states that the hires deepen Bitwise's offering, which now spans spot ETPs, index funds, crypto equities, alpha, derivatives and staking solutions. Bitwise says it has an eight-year track record, more than 30 crypto investment products, over 4,000 private wealth teams, RIAs, family offices and institutional clients, and 15 banks and broker-dealers as clients. The release carries standard risk disclosures noting crypto assets are volatile and not backed by any government.
Bitwise CEO Hunter Horsley said investors have long used the firm for beta exposure to crypto but are increasingly asking it to help them access alpha and implement custom solutions. He described the franchise as offering income generation through options overlays on large spot holdings, custom digital asset treasury management programs, onchain strategies and multi-strategy solutions.
Man most recently served as Head of Investment Products at LionSoul, where he launched and managed the Bitcoin Alpha Fund of Funds and Market Neutral Fund of Funds. He previously founded Valmar Capital and served as its CIO, and spent more than 17 years on Wall Street at CIBC, trading CMBS, interest rates and credit derivatives.
Grant is described by the firm as a widely respected figure in crypto derivatives, with experience advising institutional and high-net-worth investors on options and complex derivatives. He was previously Head of Sales and Trading at Genesis, which the release characterizes as the largest crypto derivatives franchise in the industry at the time, and spent a nearly decade-long stint as a Portfolio Manager and Director of Derivatives at a large macro hedge fund.
The announcement states that the hires deepen Bitwise's offering, which now spans spot ETPs, index funds, crypto equities, alpha, derivatives and staking solutions. Bitwise says it has an eight-year track record, more than 30 crypto investment products, over 4,000 private wealth teams, RIAs, family offices and institutional clients, and 15 banks and broker-dealers as clients. The release carries standard risk disclosures noting crypto assets are volatile and not backed by any government.
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