Bitwise, a leading crypto asset manager, is significantly expanding its presence in the crypto ETP space through strategic acquisitions, including the assets of the Osprey Bitcoin Trust and London-based ETC Group. This trend of consolidation within the crypto ETP realm is reflecting a broader industry movement as traditional financial firms also show increased interest in the sector through M&A activities. Notable examples include CoinShares’ acquisition of Valkyrie’s U.S.-centric ETF business and broader moves by prominent financial entities like Deutsche Bank and Standard Chartered.
Crypto Asset Management, Financial Services, Exchange Traded Products (ETP),United States, Europe
https://mergersacquisitions.einnews.com/article/738750743/9JD56_6uy-9KbjSf?ref=rss&ecode=Q1vNcweEggLWKz7L