web3.0Bitwise Invest CEO Hunter Horsley Announces Major U.S. Bank Commitment to Spot Bitcoin ETF
According to Horsley, 20% of the bank's wealth management branches are now invested in these ETFs, signaling growing mainstream acceptance of cryptocurrencies.
A major U.S. bank is making a significant commitment to Bitwise’s spot Bitcoin ETF, together with other crypto-focused ETFs, according to Hunter Horsley, CEO of Bitwise Invest.
Horsley announced the development on social media, adding that 20% of the bank’s total wealth management branches are now invested in these ETFs. The move highlights the growing mainstream acceptance of cryptocurrencies.
A large portion of the bank’s wealth management divisions is now backing Bitwise ETFs, indicating a shift towards broader institutional adoption of digital assets. The Bitwise ETF (BITB) currently holds about 40,500 BTC, valued at approximately $2.71 billion.
The BITB ETF has recently attracted over $2.2 billion in inflows, with a $44.6 million addition just last Friday. The excitement for crypto assets is set to increase further with the upcoming launch of spot Ethereum ETFs.
ARK Invest Report Highlights Bitcoin’s Resilience Amid Market Challenges
Bitwise’s CIO, Matt Hougan, predicts that Ethereum could see a price surge to $5,000, following a trend similar to Bitcoin’s earlier performance.
At the time of writing, Bitcoin’s price has increased by over 3.7% recently, trading at $66,600.
The above is the detailed content of Bitwise Invest CEO Hunter Horsley Announces Major U.S. Bank Commitment to Spot Bitcoin ETF. For more information, please follow other related articles on the PHP Chinese website!
Pi Node Teaching: What is a Pi Node? How to install and set up Pi Node?Mar 05, 2025 pm 05:57 PMDetailed explanation and installation guide for PiNetwork nodes This article will introduce the PiNetwork ecosystem in detail - Pi nodes, a key role in the PiNetwork ecosystem, and provide complete steps for installation and configuration. After the launch of the PiNetwork blockchain test network, Pi nodes have become an important part of many pioneers actively participating in the testing, preparing for the upcoming main network release. If you don’t know PiNetwork yet, please refer to what is Picoin? What is the price for listing? Pi usage, mining and security analysis. What is PiNetwork? The PiNetwork project started in 2019 and owns its exclusive cryptocurrency Pi Coin. The project aims to create a one that everyone can participate
Top 10 virtual digital currency app platforms in the world, the top ten virtual currency trading platforms in 2025Mar 05, 2025 pm 08:00 PMWith the booming development of the virtual currency industry, virtual digital currency trading platforms around the world are becoming increasingly stronger. This article focuses on the top ten virtual digital currency app platforms in the world in 2025, including Binance, OKX, Gate.io, Kraken, Gemini, FTX, Bybit, KuCoin, Huobi and Coinbase. These platforms are known for their advanced features, a wide range of transaction pairs, low fees and stable performance, providing users with a wide range of virtual currency trading options.
Various ETF issuers compete to apply for Solana ETF! But why is BlackRock still absent?Mar 03, 2025 pm 06:33 PMMany ETF issuers are scrambling to apply for SolanaETF, but BlackRock is still holding back? This article will interpret this phenomenon. SolanaETF application boom The Securities and Exchange Commission (SEC) has accepted SolanaETF applications submitted by several institutions, including Bitwise, 21Shares, VanEck, CanaryCapital and Grayscale. Bloomberg predicts that the probability of Solana spot ETF being approved by the end of the year is as high as 70%, which is closely related to the Trump administration's friendly attitude towards cryptocurrencies. The establishment of Franklin's "Franklin SolanaTrust" also implies its potential application for SolanaETF. However, Sol
![Bitcoin [BTC] was on a downtrend after losing the $92,000-support level in the final week of February](https://img.php.cn/upload/article/001/246/273/174209101774967.jpg?x-oss-process=image/resize,p_40)
Bitcoin [BTC] was on a downtrend after losing the $92,000-support level in the final week of FebruaryMar 16, 2025 am 10:10 AMTechnical indicators such as the OBV showed that selling pressure has been dominant, meaning more losses may be likely ahead.
Understand the current situation and future of MEV on a single articleMar 04, 2025 pm 05:06 PMSui Blockchain's MEV (Maximum Extractable Value) strategy and future outlook MEV have become the core issues in the blockchain field, which are related to transaction sorting and arbitrage opportunities. Sui is committed to guiding the development of MEV through Sui Improvement Proposal (SIP) and other mechanisms, ensuring transparency, transaction security, network health, and participant rewards. In addition to existing mechanisms, more mechanisms are planned to be introduced to ensure that its core principles can effectively guide the evolution of MEVs on Sui. Design principles and considerations Sui's every transaction contains potential profit opportunities. Sui's MEV ecosystem consists of the following mechanisms: MEV transaction submission mechanism MEV opportunity release mechanism MEV
PI price forecast: How high can PI coins rise?Mar 03, 2025 pm 07:27 PMSince the launch of PiNetwork (PI)'s independent network, it has continued to attract the attention of the cryptocurrency community. In contrast to the recent sluggish performance of mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), the price of PI has risen against the trend. PI cryptocurrency: Binance listing may become a catalyst for price surge PINetwork (PI) price upward momentum Strong PI is currently priced at $1.6750, far higher than the previous low of $0.6020. Trading activity and investor interest continue to grow, and PI's future price trend has become the focus of market attention. PI market performance: Strong rebound and key resistance levels PI mainnet started at the beginning
Qubetics ($TICS): The Revolutionizing AI CryptoMar 23, 2025 am 10:08 AMCryptocurrency has always been a realm where the cutting edge of technology meets bold ambition, and it's only getting more exciting in the future. As artificial intelligence continues to grow in influence, there are a handful of digital assets that
Top 10 Free Virtual Currency Exchanges Rankings The latest top ten virtual currency APP trading platformsMar 11, 2025 am 10:18 AMThe top ten free virtual currency exchanges are ranked: 1. OKX; 2. Binance; 3. Gate.io; 4. Huobi Global; 5. Kraken; 6. Coinbase; 7. KuCoin; 8. Crypto.com; 9. MEXC Global; 10. Bitfinex. These platforms each have their own advantages.
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
EditPlus Chinese cracked version
Small size, syntax highlighting, does not support code prompt function
Dreamweaver Mac version
Visual web development tools
ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
SublimeText3 Mac version
God-level code editing software (SublimeText3)
mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
