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Bitwise Just Spent Millions on Staking Service – Now You’ll All Be Rich Too (Said No One Ever)

AltcoinsBitcoinBlockchain Barry Thompson November 14, 2024

A illustration depicting Bitwise CEO Hunter Horsley standing triumphantly in front of an enormous pile of gold coins and a giant Bitcoin sign with the Attestant logo integrated into its design.

Bitwise’s latest move is like that one aunt who just won’t quit – always trying to expand into new ‘opportunities’ and somehow convincing everyone else to join the party. In a bizarre attempt to appear relevant, Bitwise Asset Management has acquired staking service provider Attestant in an effort to tap into Ethereum’s lucrative staking space. Because what every Bitcoin ETF needs is more Ether-staked nonsense.

Source: cointelegraph

Bitwise to expand business with ETH staking service acquisition
https://cointelegraph.com/news/bitwise-acquires-attestant-ethereum-staking
Bitwise Asset Management, known for its spot Bitcoin exchange-traded funds (ETFs), is expanding into Ethereum staking through its acquisition of staking service provider Attestant, Bloomberg reported on Nov. 13. According to Bloomberg, Bitwise acquired Attestant to expand beyond its core businesses in the crypto space. Attestant handles $3.7 billion in assets for institutions outside the United States looking to engage in Ether (ETH) staking.  The deal, with terms undisclosed, brings […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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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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