Bitwise plans to shift three of its Bitcoin and Ethereum futures ETFs from long-only strategies to ones that alternate between crypto and US Treasuries.
The ETFs will be rebranded to Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF, Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF, and Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF.
These ETFs will adjust their exposure to crypto or US Treasuries based on market conditions to improve risk-adjusted returns.
The strategy relies on a proprietary signal that monitors crypto prices, investing in crypto during upward momentum and rotating into US Treasuries during bearish conditions.