Bitwise Achieves Significant Growth and Expansion in 2024

Bitwise: A Year of Unprecedented Growth in 2024

In 2024, Bitwise experienced remarkable expansion, significantly increasing its client assets from approximately $1 billion to $12 billion. This surge represents a phenomenal growth trajectory in the competitive landscape of financial services.

Team Expansion and Market Reach

To support its growing client base, Bitwise bolstered its team from 65 to 100 members, enhancing its operational capabilities and outreach across the United States and Europe.

Service Utilization Across Client Types

In the United States, Bitwise's innovative financial services were embraced by over 4,000 registered investment advisors (RIAs), wealth management teams, family offices, and institutional clients. The approval of its products by more than 15 banks and brokerage platforms attests to its growing influence in the financial sector.

Active Management Strategies

The company has celebrated two years of exceptional performance in its active management strategies, reinforcing its reputation as a leader in the investment space.

European Market Entry

Bitwise marked its foray into the European market by launching institutional-grade exchange-traded products (ETPs). As part of this expansion, the company also began offering Ethereum and Starknet staking services, catering to the growing demand for cryptocurrency investment strategies.

Innovation in Product Offerings

In line with its commitment to innovation, Bitwise introduced several new products throughout the year, diversifying its portfolio to meet the evolving needs of investors.

Engagement and Investor Relations

Throughout 2024, Bitwise has been proactive in its investor engagement efforts, conducting over 12,000 investor meetings and calls.

• Hosted 79 events and 25 webinars
• Produced two compelling television commercials
• Published nearly 100 research reports
• Received over 1,000 media citations

These initiatives not only enhanced its visibility within the industry but also strengthened relationships with potential investors and stakeholders.

The Future of Bitwise

With a robust growth strategy and a focus on client satisfaction, Bitwise is poised for continued success in the finance and investment industry. The trajectory observed in 2024 sets a promising foundation as they innovate and adapt to market dynamics.