Hunter Horsley, the CEO of Bitwise, revealed on the X platform that a registered investment advisor with a market value of over $500 million has created a cryptocurrency model using its BITB spot Bitcoin ETF. However, for confidentiality reasons, Hunter Horsley did not disclose the name of the investment advisory company.
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Bitwise CEO: An investment advisory company with a market capitalization of over $500 million has used BITB to create encryption models
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