Bitwise CEO Hunter Horsley has revealed that $31 million has flowed into its Bitcoin ETF "BITB" today, representing effective purchases of Bitcoin by investors. Currently, the Bitcoin asset management scale of the ETF has exceeded $550 million. Hunter Horsley stated that Bitwise is creating a first-level ETF specifically for the unique nature of Bitcoin, with the lowest fees for investors, and has previously announced that 10% of gross profit will be used for Bitcoin open source development.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Bitwise CEO: BITB’s asset management scale has exceeded US$550 million
-
Wechat scan to share
Recommended for you
-
Galaxy Digital scoops $306M in Solana after deal for crypto treasury
Galaxy Digital has purchased $1.55 billion worth of Solana in the past five days after joining a $1.65 billion private placement in a Solana treasury firm.
-
Japan and the United States launched the seventh round of ministerial tariff negotiations, Akazawa and Lutnik held talks
June 28th, according to Jinshi data and the report from Kyodo News, Japanese Minister of Economic Revitalization Akazawa Ryo is meeting with US Commerce Secretary Lutnick in Washington on the 27th local time. The seventh round of ministerial-level negotiations between Japan and the United States has begun around the high tariff policy of the Trump administration. The Japanese government stated: "There have been fruitful discussions. We will continue to coordinate fully between Japan and the United States to reach an agreement that is beneficial to both sides." Akazawa Ryo did not immediately accept media interviews after the negotiations. The meeting between the two lasted about 1 hour. Considering that the deadline for the suspension of the additional tariffs is until July 9th, and Japan will hold the House of Councillors election on the 20th, Akazawa Ryo requested a significant reduction in the tariff rate for automobiles, which the Japanese government considers as "national interest." -
Coinbase German executives use high-end services to attract conservative investors to the crypto market
according to DL News, Coinbase's Germany area manager Denny Morawiak is using a "white glove" service strategy to attract high-net-worth individuals in Germany to invest in cryptocurrencies.As the largest economy in Europe, German investors are known for risk aversion, with only 8% of the population holding crypto assets, far lower than the 25% in the UK. Morawiak aims to change the traditional investment habits of Germans, who rely on savings and pensions, by targeting wealthy entrepreneurs through sponsorships of Borussia Dortmund football club, organizing elite events, and more.He stated: "We are a wealthy country, but relatively speaking, the people are not wealthy, which is a shame." -
Binance: Users holding at least 248 Alpha Points can claim the first phase of DMC token airdrops
according to official sources, Binance will list DeLorean (DMC), with Alpha trading opening on June 24, 2025 at 19:00, and contract trading opening on June 24, 2025 at 21:00. Eligible Binance users can use Binance Alpha points to claim 4800 DMC tokens within 24 hours after trading begins on the Alpha activity page.Binance Alpha airdrop will be distributed in two phases: Phase one (first 18 hours): Users holding at least 248 Alpha points can claim. Phase two (last 6 hours): Users holding at least 210 Alpha points can participate in the second phase of the airdrop, first come first served, until the airdrop pool is exhausted or the activity ends. -
Negentropy Capital announces dissolution, remaining funds and project quotas to be liquidated
Negentropy Capital founder Billywen.sol announced on social media platform, "After thinking about it, I have decided to dissolve the negentropy capital that I and two other partners have created, liquidate the remaining funds and investment project quotas of the negentropy fund, partners take what they should, and I will start over as a solo VC independent investor like Ma Gang."Recently, there has been a liquidity crisis in the currency circle, and at a time when there seems to be no hope, I feel a force that compels me to do something. It is not just about making money, but a sense of mission. It is time for the currency circle to change, to truly change traditional banks, payments, stocks and securities, and even legal tender!" -
Nauru plans to legislate to establish a virtual asset management agency and position itself as a cryptocurrency hub in the Pacific
according to FinanceFeeds, the Republic of Nauru plans to legislate the establishment of a specialized agency to regulate digital assets, the new agency is called Command Ridge Virtual Asset Authority (CRVAA), which will be responsible for regulating virtual asset service providers and helping the island nation become a center for digital asset activities.Nauru President David Adeang stated that the newly established regulatory agency will be at the core of Nauru's broader strategy aimed at ensuring the economic resilience of Nauru. -
Alchemy Pay plans to launch Alchemy Chain in Q4 and issue stablecoins
according to official announcement, Alchemy Pay plans to officially launch Alchemy Chain in the fourth quarter of 2025, followed by issuing its own stablecoin, aiming to become a central exchange hub for global and local stablecoins, promoting compliant and efficient cross-border value flow.The platform will support frictionless conversion between global stablecoins (such as USDT, USDC) and local stablecoins (such as EURC, MBRL), aggregating liquidity across chains and jurisdictions. -
BITB’s holdings exceed 40,000 BTC, worth approximately $2.71 billion
Data shows BitWise's Bitcoin spot ETF BITB has a position of over 40,000 BTC, currently at 40,499.9 BTC, worth approximately $2.71 billion. -
Cointime June 15th News Express
1. Chairman of the U.S. SEC: The economic substance of a product determines whether it is a security under the Securities Act -
Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoption
Hunter Horsley, the co-founder and CEO of cryptocurrency asset management company Bitwise, said that the term "digital gold" limits the coverage of Bitcoin as an investment asset. Although the image of "digital gold" is helpful for Bitcoin, it has many qualities that are superior to gold. It is time to get rid of this concept. Bitcoin has had many visions in history, such as peer-to-peer electronic cash, independent sovereign currency, and cryptocurrency, conveying people's different expectations of Bitcoin.
Daily Must-Read
-
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
-
Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ
-
New York lawmaker wants to tax crypto sales and transfers
-
Trump to order probe of crypto and political debanking claims: WSJ
-
Bros who tricked MEV bots with their own medicine must face trial, says judge
-
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
All Comments