BITQ News and Press, Bitwise Crypto Industry Innovators ETF From 08/26/22

Summary While correlations are just one factor to consider when investing in Bitcoin and Bitcoin-related equities, it remains a widely discussed topic especially given the state of the current market. Over the years, correlations with equities have climbed, causing investors to wo...

The Fed staked out its turf this week, telling lenders to notify it if they offer services for bitcoin and its ilk. Other agencies are also wrestling to oversee the $1 trillion market. The scrap provides an opportunity for some industry participants to capitalize on the regulatory...

Coinbase recently filed its interim financial report with quarterly net loss of over $1bn, net cash drain of £4.6bn in 6 months, fair value losses of over 600k. Coinbase has taken all customer assets on to its own balance sheet. Coinbase would have to take that fair value los...

BITQ tracks a passive 30-stock crypto index created by Bitwise. BITQ's management fees are among the highest in the crypto ETF space. I am bearish on the Fund over the next 4-6 months and, on a bullish turn, believe there are better crypto ETF options for investors. BITQ's has...

The total amount of ETH deposited into the staking contract has increased gradually. The total number of unique addresses with a non-zero balance has steadily risen since Ethereum’s inception. The number of Ethereum unique active addresses has surged recently. There has...

What's Working are the "Risk On" sectors and What's Not Working is Energy. We saw a number of earnings highlights, including Starbucks and EPAM Systems. Retail continues to be challenged. Brian Dress, CFA -- Director of Research, Investment Advisor No matter how ...

Bitcoin and Ethereum may have found bottoms. The asset class has experienced a cleansing after some bankruptcies. The economic and geopolitical landscapes have turned bullish for cryptos. BITQ is a diversified ETF product. The bearish BITQ trend may be bending. Only invest...

The Bitcoin variety, I don't think it will live. I think, we have two significant government agencies which will make sure it's going to die. At the beginning of this year, a lot of people spoke about the Fed put as something that was going to support markets, equity markets, obviousl...

Gainers: FT Skybridge Crypto Industry and Digital Economy ( CRPT ) +24% . Vaneck Digital Transfomation ETF ( DAPP ) +23% . Bitwise Crypto Industry Innovators ETF ( BITQ ) +22% . Consumer Discretionary Bull 3X Direxion ( WANT ) +21% . GX ...

What's Working Begins This Week with Crypto; What's Not Working are Munis and the US Dollar. Earnings Season is Upon Us: Patterns Begin to Emerge. Our List of Bounce Back Candidates Begins with InMode (INMD). Brian Dress, CFA -- Director of Research, Investment Advisor...