Bitwise CEO said on X that investors made more than $1.8 billion in net allocations to Bitwise products in the first half of the year, despite a bear market. According to Odaily, inflows into four product categories — ETFs/ETPs, private active and alpha strategies, staking, and treasury products — each exceeded $100 million.

He said Bitwise has more than 150 employees from the financial and technology sectors who could have pursued other careers but wanted to help advance the crypto industry. He added that Bitwise is not the main character in the industry, but rather supports the ecosystem and helps investors access emerging opportunities. He also thanked clients who have entrusted the firm with their investments and assets.