Revolutionizing crypto investments: Bitwise’s new Trendwise strategies aim for smarter returns!

  • Bitwise Asset Management is converting three crypto futures ETFs to new ‘Trendwise’ strategies.
  • The new strategies will rotate between crypto and U.S. Treasuries based on market trends.
  • The conversion is expected to take place on or around December 3, 2024.
  • The ETFs will be renamed to reflect their new strategies.
  • The Trendwise strategy aims to minimize downside volatility and improve risk-adjusted returns.

Bitwise Asset Management, a leader in crypto investments, has announced plans to convert its three crypto futures ETFs into innovative ‘Trendwise’ strategies. This shift will allow the funds to rotate their investments between cryptocurrencies and U.S. Treasuries, depending on market trends. The conversion is set to occur around December 3, 2024, and will involve renaming the ETFs to better reflect their new strategies. The funds affected include the Bitwise Bitcoin Strategy Optimum Roll ETF, which will become the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF, and others focused on Ethereum and a combination of Bitcoin and Ether. nnThe Trendwise strategy is designed to minimize downside volatility while aiming for long-term price appreciation. It utilizes a proprietary signal based on the 10- and 20-day exponential moving averages of crypto assets. When the 10-day EMA is above the 20-day EMA, the strategy invests in crypto; when the reverse is true, it rotates into Treasuries. nnBitwise’s Chief Investment Officer, Matt Hougan, emphasized the importance of momentum in the crypto market, stating that the new strategies will leverage this momentum to enhance returns. Existing investors will not need to take any action, and there will be no changes to the funds’ expense ratios or tax treatments. nnThis move comes during a busy year for Bitwise, which has also launched new spot Bitcoin and Ethereum ETPs and acquired the European crypto fund provider ETC Group. Teddy Fusaro, President of Bitwise, expressed excitement about providing investors with more options in this emerging asset class. nnInvestors are reminded to carefully consider the risks associated with these investment products, including potential loss of principal and market volatility.·

Factuality Level: 8
Factuality Justification: The article provides detailed and relevant information about Bitwise Asset Management’s conversion of its crypto futures ETFs, including the new strategies and risks involved. While it is mostly factual, the extensive risk disclosures may overwhelm some readers and could be seen as slightly redundant. However, the information is accurate and well-researched, with no significant misleading content or sensationalism.·
Noise Level: 7
Noise Justification: The article provides detailed information about Bitwise Asset Management’s new ETF strategies, including their proprietary Trendwise rotation strategy. It discusses the rationale behind the changes, the expected benefits, and the risks involved, which indicates a thoughtful analysis of investment strategies. However, it is heavily focused on the company’s offerings and lacks critical examination of broader market implications or accountability, which prevents it from achieving a higher score.·
Public Companies: Bitwise Asset Management (N/A)
Key People: Matt Hougan (CIO), Teddy Fusaro (President)

Financial Relevance: Yes
Financial Markets Impacted: Yes
Financial Rating Justification: The article discusses the conversion of Bitwise’s crypto futures ETFs to new strategies that involve rotating between crypto assets and U.S. Treasuries. This is relevant to financial topics as it pertains to investment strategies in the cryptocurrency market and the impact on financial products. The event impacts financial markets by potentially altering the performance and risk profiles of these ETFs, which could influence investor behavior and market dynamics.·
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: The article discusses a financial strategy related to cryptocurrency ETFs but does not mention any extreme event occurring in the last 48 hours.·
Move Size: No market move size mentioned.
Sector: All
Direction: Neutral
Magnitude: Medium
Affected Instruments: ETFs

Reported publicly: www.businesswire.com