@自由1688
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自由1688
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Breaking news! Even an ETF giant can’t hold up? Bitwise, a major Wall Street asset manager, cuts 14%, and the cold winds of crypto winter blow toward institutions!
Just now, the crypto market brought news that made quite a few people suck in a cold breath: Bitwise, a well-known Wall Street crypto asset management firm and one of the issuers of the Bitcoin spot ETF, suddenly announced layoffs of about 14%!
For a long time, everyone thought that as long as spot ETFs went through, Wall Street’s institutions would be a “printing machine” guaranteed to profit with no loss. But reality has slapped that assumption hard. With the crypto market remaining persistently sluggish recently, even these top “water sellers” have started to tighten their belts to get by. So what signal is behind this round of layoffs? Let’s break it down in depth for you:
For a long time, everyone thought that as long as spot ETFs went through, Wall Street’s institutions would be a “printing machine” guaranteed to profit with no loss. But reality has slapped that assumption hard. With the crypto market remaining persistently sluggish recently, even these top “water sellers” have started to tighten their belts to get by. So what signal is behind this round of layoffs? Let’s break it down in depth for you:
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