Search results for Hunter Horsley
Crypto
Bitwise CEO advises crypto investors chasing AI stocks
Bitwise Asset Management CEO Hunter Horsley advised cryptocurrency investors to look beyond short-term price moves and focus on tangible project progress and year-on-year performance. He said investors should weigh measures such as on-chain adoption, product-market fit, integration with companies and institutions, and team capability. Horsley also cited differences between crypto traders’ short time horizons and longer-term institutional capital.
Crypto
Bitwise BHYP Hyperliquid spot ETF hits $40 million AUM in 8 days
Bitwise\'s Hyperliquid spot exchange-traded fund, BHYP, reached $40 million in assets under management eight trading days after listing on the New York Stock Exchange. CEO Hunter Horsley said early trading volume hit about $12 million in the first 90 minutes. Bitwise reported $30.5 million AUM after five days. On-chain data firms reported heavy HYPE buying, while a whale wallet opened a 10-times long position.
Crypto
Bitwise to acquire Chorus One, raising possibility of expanding staking ETFs
Crypto asset manager Bitwise will acquire staking services company Chorus One, Cointelegraph reported on Tuesday. Chorus One manages more than $2.2 billion in staked assets. The deal will expand Bitwise\'s staking capabilities across more than 30 blockchains including Solana, Avalanche and Tezos. About 50 Chorus One employees will join Bitwise Onchain Solutions, and Chorus One CEO Brian Crain is expected to take an advisory role. Bitwise manages more than $15 billion in assets.