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Bitwise Announces Launch of Decentralized Finance Crypto Index Fund February 22, 2021 @ 10:46 am By Samantha Hurst Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Monday the launch of the Bitwise Decentralized Finance (DeFi) Crypto Index Fund. According to Bitwise, the formal index methodology is public and is overseen and adjusted on an ongoing basis by the Bitwise Crypto Index Committee. While sharing more details about the index, Matt Hougan, CIO of Bitwise Asset Management, stated: “DeFi is the story of 2021. The growth and activity in the market is incredible. Today there are decentralized trading venues handling over $30 billion in volume per month; automated lending programs making individual loans as large as $200 million, and the total estimated value of funds currently locked into DeFi-related contracts recently crossed $40 billion.” ....
How to invest in DeFi, bitcoin; $900 mln crypto CIO launches new fund businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Bitwise Launches World's First Decentralized Finance Crypto Index Fund, 'DeFi' etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
Bitcoin Just Dropped Below $33,000: What Analysts Are Saying Reading Time: 2min read Bitcoin has begun to drop lower once again despite the flush on Monday to $30,000. The leading cryptocurrency currently trades for $32,500, below the $36,000 highs the cryptocurrency saw during a bounce earlier today. Bitcoin’s drop comes in spite of the fact that the funding rates on leading crypto-asset futures platforms have reset. The funding rate is the reoccurring fee that long positions pay short positions to maintain the price of the future to the spot price. High funding rates, such as those seen on Saturday, are what signaled a correction to many on the weekend. ....