⚠️ Bitwise Acquires ETC Group
💰 The digital asset manager Bitwise has acquired the cryptocurrency exchange-traded product (ETP) issuer ETC Group.
🎤"This acquisition allows us to serve European investors by expanding our product offerings with innovative ETPs," stated Bitwise CEO Hunter Horsley.
📈 The total assets under the company's management will increase by $1 billion, reaching $4.5 billion after the deal is completed.
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