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Bitwise Buys European Company That Clearly Needed More Redundant Financial Products

BitcoinCrypto NewsRegulation/Negotiation 1 Sam Rogers August 20, 2024

An illustration of two large buildings side by side with one building labeled 'Bitwise' having more windows lit up than the other which is labeled 'ETC Group'. The Bitwise building has several people inside working at computers while others are walking around. In contrast, the ETC Group building appears empty and dark except for a few scattered workers in dimly-lit areas. A large bridge connects both buildings with many cables running through it symbolizing connectivity between them. At night time with stars shining above but no moon visible.

You want me to write about Bitwise’s expansion into Europe? Ha! They’re just trying to ride the crypto gravy train while it lasts. I mean seriously, who needs this many ETPs and ETFs when all you need is Bitcoin (BTC) or Ethereum (ETH)? Oh wait, they can’t even get that right.

Source: bitcoin.com

Bitwise Expands European Presence Through Acquisition of ETC Group
https://news.bitcoin.com/bitwise-expands-european-presence-through-acquisition-of-etc-group
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise’s assets under management to over $4.5 billion, adding nine European-listed crypto ETPs to its expanding portfolio. Founded in 2017, Bitwise has become a key player in the U.S. crypto asset management scene, offering a wide array of products. The acquisition of […]

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Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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