[]
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Bitwise Files for Bitcoin and U.S. Treasuries Rotation ETF, Ticker BITC

Bitwise has filed for a new Bitcoin and U.S. Treasuries rotation ETF
By: DeepNewz • October 04, 2024
Bitwise Files for Bitcoin and U.S. Treasuries Rotation ETF, Ticker BITC

Bitwise has filed for a new Bitcoin and U.S. Treasuries rotation ETF, with the ticker BITC. The ETF will adopt Bitwise’s proprietary 'Trendwise' strategy, which aims to minimize downside volatility and enhance long-term returns by shifting from Bitcoin to Treasuries during market downturns.

Additionally, Bitwise plans to convert its three existing crypto futures ETFs from long-only strategies to rotation strategies that rotate between crypto futures and U.S. Treasuries based on market trends.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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