Bitwise Acquisition of Attestant: Overview On November 14, 2024, Bitwise Asset Management announced its acquisition of Attestant, a prominent Ethereum staking service. This strategic move enhances Bitwise's positioning within the growing Ethereum ecosystem, effectively raising its assets under management (AUM) to $10 billion. Impact on Bitwise’s AUM Total AUM: The acquisition boosts Bitwise's AUM to approximately $10 billion. Staked Assets: Attestant contributes $4 billion in staked assets, significantly strengthening Bitwise's staking portfolio. Service Expansion: This acquisition allows Bitwise to cater more effectively to high-net-worth individuals and institutional clients, adding Ethereum staking to its service offerings, which include exchange-traded funds and hedge fund solutions. The acquisition reflects Bitwise's commitment to expanding its presence in the cryptocurrency sector and addressing the increasing demand for digital asset solutions among institutional clients. Show Less
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Bitwise acquires Ethereum staking service Attestant, boosting AUM to $10 billion
https://cryptoslate.com/bitwise-acquires-ethereum-staking-service-attestant-boosting-aum-to-10-billion/
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