Bitwise Says We Can Expect This From Crypto
Bitwise Asset Management is a cryptocurrency asset advisory and management firm partnered with Morgan Creek Digital, another digital asset-focused investment manager. Bitwise recently made headlines when it withdrew its Bitcoin exchange-traded fund (ETF) proposal, sending a note to the U.S. SEC claiming that the move was in lieu of public interest and protection of user funds. Bitwise had filed the proposal in January 2019, and in response the SEC had raised several questions which the firm is working on thoroughly answering. For now, the withdrawal was a procedural step by Bitwise as they have intentions to refile their application at…