According to Bitwise CEO Hunter Horsley's social media X post: "White House AI and Cryptocurrency Director David Sacks and Craft invested in Bitwise's seed round in 2017. More than two months ago, David told me they had to divest from Bitwise. We worked with David and the Craft team to coordinate and complete the sale of David's stake in Bitwise10 and Craft's stake in our company. They don't want to sell -- they were early believers in Bitwise and our mission, but David is doing public service and putting his country first. Under the leadership of a talented and well-informed leader like David, I have never been more optimistic about cryptocurrencies in the United States. "