Bitwise Asset Management has partnered with iCapital to expand access to crypto investment strategies. The partnership allows financial professionals to utilise Bitwise’s unique strategies aimed at diversifying portfolios. However, trading in crypto assets carries significant risks and calls for thorough independent research.
In a move aimed at broadening access to the growing crypto market, Bitwise Asset Management has teamed up with iCapital, a fintech platform. Their recent announcement means that users of the iCapital Marketplace can now engage with Bitwise’s active crypto strategies. Bitwise aims to provide financial professionals with new opportunities in the alternative asset class of cryptocurrency, which has gained traction among wealth managers and investors.
Bitwise CEO Hunter Horsley commented on the increasing interest in crypto as a diversifying asset class. With more institutions, family offices, and wealth managers showing keener engagement, Horsley noted, the partnership would allow investors easier access to potent crypto opportunities via iCapital’s established platform. The platform serves over 100,000 financial professionals, offering a seamless experience to connect with various investment options.
As part of this collaboration, Bitwise is set to showcase various strategies designed to leverage crypto’s unique market dynamics for potential high returns. These strategies include non-directional approaches, tactical directional moves, long bias, and special situations, all aiming for optimal risk-adjusted returns matched against traditional assets. The Bitwise team comprises notable experts in portfolio management, derivatives, and risk analysis, enhancing their initiative.
Founded in 2017, Bitwise has established a solid reputation for educational resources and a diverse suite of investment products, including ETFs and private funds. The firm’s ongoing mission embraces partnerships with investment professionals and institutions, aiming to demystify the landscape of bitcoin and other cryptocurrency assets. With the new partnership, they’re positioned to lead in bringing sophisticated investment solutions to mainstream finance.
However, investors must tread cautiously. As highlighted, engaging in crypto trading carries substantial risks – these include the volatile nature of market prices, potential losses, and lack of regulatory protections that are present in traditional finance. It’s crucial that potential investors conduct thorough independent research before typical investing decisions, especially due to the unpredictable environment of crypto markets.
In summary, with Bitwise entering iCapital Marketplace, there’s a greater opportunity for financial professionals to diversify portfolios with cryptocurrencies. But, it remains essential for anyone entering this market to possess sound knowledge and experience, given the inherent risks derived from trading crypto assets.
