Bitwise CEO: BITB’s asset management scale has exceeded US$550 million

Bitwise CEO Hunter Horsley has revealed that $31 million has flowed into its Bitcoin ETF "BITB" today, representing effective purchases of Bitcoin by investors. Currently, the Bitcoin asset management scale of the ETF has exceeded $550 million. Hunter Horsley stated that Bitwise is creating a first-level ETF specifically for the unique nature of Bitcoin, with the lowest fees for investors, and has previously announced that 10% of gross profit will be used for Bitcoin open source development.