Bitwise Takes Over ETC Group – Home To Europe’s Largest Bitcoin Fund
Summary
Bitwise Investment acquires ETC Group, a major crypto issuer in Europe. Bitwise will manage $4.5 billion in assets. ETC Group offers physically-backed funds for Bitcoin, Ethereum, Solana, and XRP. Bitwise recently launched its Bitcoin and Ethereum ETFs in the US. CEO Hunter Horsley is optimistic about expanding into Europe. Bitcoin is trading at $58,200, while Ethereum is at $2,570.
