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Bitwise Acquires Cryptocurrency ETP Issuer ETC Group, Expands Business to Europe

Bitwise Asset Management today announced the acquisition of ETC Group, a London-based cryptocurrency ETP issuer with assets under management exceeding $1 billion. This also marks Bitwise's expansion into Europe and adds nine European-listed cryptocurrency ETPs to Bitwise's extensive suite of ETPs, hedge fund solutions, and separately managed accounts. (BusinessWire)