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Bitwise Unveils New Crypto ETF Fusion: BTC, ETH, And US Treasury Strategies Integrated

  • Crypto asset manager Bitwise has filed with the SEC to convert three existing futures-based ETFs into a new series of funds utilizing 'Trendwise strategies'.
  • The new fund series aims to rotate investments between cryptocurrencies and US Treasuries based on market conditions to optimize returns and mitigate risks.
  • The proposed funds will implement Bitwise's proprietary 'Trendwise' rotation strategy, minimizing downside volatility and protecting investors during downturns.
  • The conversion is expected to take effect by December 2024, with name and strategy changes for the ETFs.

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