Browsing: Asset Management

bitwise-retracts-bitcoin-and-ether-market-cap-weight-strategy-etf-registration

In a recent submission to the U.S. Securities and Exchange Commission (SEC), Bitwise has decided to retract its registration for its Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund (ETF). The reasoning behind this action remains unknown, but Bitwise’s chief legal officer, Katherine Dowling, briefly noted that the company has postponed plans to launch

a16z-backed-truefi-launches-defi-lending-market-for-asset-managers

Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.” Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of…