Bitwise Asset Management

We’re thrilled and humbled to share that the Bitwise Solana Staking ETF $BSOL has crossed $500M in AUM in its first 18 days of trading. The Solana community isn’t messing around. The Fund’s rapid rise solidifies BSOL's position as the largest Solana ETP in the U.S. We’re incredibly grateful to many people who’ve made this happen:  - The Solana community—one of the most dynamic in the business - The great team at Helius, whose leading technology powers the Fund’s staking  - All the institutions, advisors, and individuals who’ve chosen Bitwise as their crypto specialist Here’s to more great moments for Solana! This material must be accompanied by a prospectus. Please read the prospectus carefully before investing. To obtain a current prospectus, visit: http://bsoletf.com/welcome. BSOL is not suitable for all investors. An investment in BSOL is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment. BSOL is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and therefore is not subject to the same protections as mutual funds or ETFs registered under the 1940 Act. An investment in BSOL is not the same as a direct investment in Solana (SOL). Marketing Agent Foreside Fund Services, LLC. 

One way I explain bitcoin to skeptics.

Big news: The Bitwise XRP ETF is now trading on NYSE with the ticker “XRP.” This fund brings investors spot exposure to XRP, the crypto asset that aims to modernize global payments. Here’s why XRP is interesting: - It's one of the longest-running blockchains, with a 13-year track record and passionate community of supporters - It's the world’s third-largest digital asset, with a $125B market cap - It can settle payments in 3-5 seconds for fractions of a cent - It’s going after a massive $250T global payments opportunity - A growing list of assets are being tokenized on XRP Ledger, including U.S Treasuries, digital commercial paper, private credit, and money market funds Our mission at Bitwise is to provide access to the most exciting themes in crypto. We’re thrilled to launch the Bitwise XRP ETF and bring XRP’s potential real-world impact to investors through a professionally managed investment vehicle. Learn more at bitxrpetf.com. This material must be accompanied by a prospectus. Please read the prospectus carefully before investing. To obtain a current prospectus visit bitxrpetf.com/welcome. The Bitwise XRP ETF (the “Fund”) is not suitable for all investors. An investment in the Fund is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment. The Fund is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and therefore is not subject to the same protections as mutual funds or ETFs registered under the 1940 Act. An investment in the Fund is not the same as a direct investment in the XRP token. Marketing Agent Foreside Fund Services, LLC.

Tune in next week to hear more!

I caught a glimpse of the future this week.

What an incredible week at #SchwabIMPACT! 🚀 It was great connecting with advisors, partners, and industry leaders who are shaping the future of wealth management. The conversations around digital assets and advisor education, including insights from DACFP Founder Ric Edelman, highlighted just how far the industry has come and gave us even more excitement about where it’s headed next. Thank you to Charles Schwab for hosting an incredible event, and to everyone who stopped by to meet the Bitwise team. We’re energized by the momentum and excited for what’s ahead!

Thank you to the Chainlink Labs team for having us at SmartCon 2025 in New York. Bitwise’s Hong Kim took the stage for a panel focused on staying safe onchain. He emphasized that bridging traditional finance and crypto requires being rigorous about compliance and regulatory practices that span both worlds. Bitwise is committed to this dual approach, pairing strength in traditional financial markets with deep experience in onchain security. If you’re a qualified purchaser, reach out to Alexandra Nadel to discuss how Bitwise can support your onchain needs.

Bitcoin’s sideways slog reveals its IPO moment has arrived. Here’s why that means bigger allocations.

The best crypto investments offer two ways to win.

Last week the Bitwise Asset Management team was in Miami with Titan Investors for a roundtable dinner. Stephen Degnan, CIMA®, CETF®, CBDA® and Aubrey Klaseen Nuñez enjoyed meeting dozens of investors hungry to learn more about the asset class and how to allocate in client portfolios. The conversation around crypto is changing and it’s exciting to be the chosen partner for many as they navigate the space.