Bitwise CEO Hunter Horsley announced on X that BITB took in another $68 million and bought Bitcoin.
The Bitwise Bitcoin ETF Trust (BITB) is now in the top 5% of exchange-traded funds (ETF) by assets under management (AUM) launched in 2023.
On Jan. 18, Hunter Horsley, the co-founder and CEO of asset manager Bitwise, announced that BITB took in another $68 million and bought Bitcoin (BTC). Horsley highlighted that this places the total inflow of assets into BITB at $370 million in the last four days.
Nate Geraci, the president of the investment advising firm ETF Store, said in a post on X (formerly Twitter) that by BITB reaching an AUM of $355 million, the ETF ranked in the top 25 of the 540 ETFs launched in 2023 by AUM.
