Bitwise Asset Management acquires ETC Group, Europe Expansion and ETP Suite Enhancement
Acquiring Company
Bitwise Asset Management
Acquired Company
ETC Group
San Francisco
LondonOtherFinancial ServicesFinanceFinanceDescription
Bitwise Asset Management has announced its acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. This acquisition marks Bitwise's expansion into Europe and adds nine European-listed crypto ETPs to Bitwise’s broad suite of ETPs, hedge fund solutions, and separately managed accounts. The acquisition is part of Bitwise's strategic plan to become a global crypto asset manager for investors and financial advisors.
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Frequently asked
Who acquired ETC Group?
ETC Group was acquired by Bitwise Asset Management, based in San Francisco. The deal was reported on August 19, 2024. Bitwise Asset Management is the largest crypto index fund manager in America with a six-year track record of investment excellence, industry-leading education, and a broad suite of professional investment products. Bitwise Asset Management is privately held and operates in Other.
When did Bitwise Asset Management acquire ETC Group?
Bitwise Asset Management's acquisition of ETC Group was reported on August 19, 2024. Bitwise Asset Management has announced its acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ETC Group do?
ETC Group provides investors with secure, regulated access to the rapidly evolving digital assets and blockchain ecosystem. It is privately held, operating in Finance, and is based in London.
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