Bitwise CEO: BITB's asset management scale has exceeded 550 million US dollars
According to the latest data disclosed by Bitwise CEO Hunter Horsley, today $31 million has flowed into its Bitcoin ETF "BITB", indicating that investors have effectively purchased Bitcoin. The current size of this ETF's Bitcoin asset management has exceeded $550 million. Hunter Horsley stated that Bitwise is working on creating a primary ETF tailored to the unique nature of Bitcoin, which offers the lowest cost for investors. It was previously announced that 10% of gross profits would be used for open-source development of Bitcoin.
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