Bitwise Asset Management, renowned for its Bitcoin ETFs, is venturing into Ethereum staking by acquiring Attestant, a staking service provider. Attestant, managing $3.7 billion in assets for non-U.S. institutions interested in Ether staking, was acquired to diversify Bitwise's crypto offerings. The undisclosed deal merges Attestant's team with Bitwise, signaling a new direction for the Bitcoin ETF provider. Bitwise's CEO views this as a pivotal moment, emphasizing the need for firms to offer comprehensive services. This move aligns with Bitwise's focus on crypto staking, evident from the recent launch of a staking ETP for Aptos tokens. The Bitwise Aptos Staking ETP, set to debut on the Six Swiss Exchange, aims to generate returns from net fees. Attestant's CBO highlighted staking's appeal for Ethereum, suggesting potential future inclusion in ETFs. The shift towards staking reflects a broader trend in the crypto industry. Read more AI-generated news on: https://app.chaingpt.org/news

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