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Home»ADOPTION NEWS»SPOT BITCOIN ETF publisher Bitwise raises $ 70 million in electric capital, massmutual and Haun ventures.
ADOPTION NEWS

SPOT BITCOIN ETF publisher Bitwise raises $ 70 million in electric capital, massmutual and Haun ventures.

By Crypto FlexsFebruary 25, 20252 Mins Read
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SPOT BITCOIN ETF publisher Bitwise raises $ 70 million in electric capital, massmutual and Haun ventures.
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According to social media posts, Bitwise Asset Management said on Tuesday that it raised $ 70 million from numerous investors, including electric capital, massmutual and Haun Ventures.

Bitwise said, “Bitwise has raised $ 70 million from the top financial institutions and technology investors, as Bitwise continues to build the best Crypto Asset Management Company.”

According to Block Data Dashboard, the company issued both Spot Bitcoin and Spot Ether ETFS in 2024. According to the Block Data Dashboard, Bitwise’s Spot BTC product manages nearly $ 4 billion assets. Last week, the US Securities and Exchange Commission admitted the point of submission of XRP ETF. In CBOE BZX Exchange instead of Bitwise.

Bitwise has more than 100 employees and supervises $ 12 billion in customer assets. “We will continue to invest in a team that crosses beta, alpha, and on chains and new solutions.

Other investors mentioned in the funding announcement include MIT Investment Management Company, Highland Capital, Parafi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors and Palo Alto Networks CEO NIKESH Arora Included.


Indemnity: Block is an independent media outlet that delivers news, research and data. As of November 2023, Poresight Ventures is the majority investor of this block. The predictive venture invests in another company in the encryption space. Crypto Exchange Bitget is an anchor LP of predictive venture. This block continues to work independently to provide objective, influential and timely information about the encryption industry. The following is the current financial disclosure.

© 2025 Block. All rights holdings. This article is provided only for the purpose of providing information. It is not provided or used as law, tax, investment, finance or other advice.

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