Bitwise

BlackRock’s work with Ondo Finance is drawing attention to a shift from tokenized single assets toward tokenized investment strategies. The approach could make portfolios more transferable, programmable and adaptable as blockchain-based market infrastructure develops.

NEAR has broken above a long running inverse head and shoulders neckline near $3.15, drawing attention to a measured move target around $12.04. The breakout is being supported by rising weekly volume, reclaimed long term moving averages, and the debut of Bitwise’s NEAR ETF on NYSE Arca.

Bitcoin’s latest bear cycle produced a roughly 55% drawdown, far less severe than prior collapses of 70% to 80% or more. Market participants say spot ETFs, professional rebalancing and bitcoin’s larger market size may be reshaping both downside risk and upside potential.

Bitcoin is trading near its highest level since January after a powerful advance from its July low. ETF inflows, rising futures open interest and bullish technical patterns are keeping market attention on the $91,000 area.

Dogecoin exchange-traded funds have failed to gain meaningful traction with investors, drawing just over $12 million across three tracked U.S. products in nearly 10 months. Bitwise’s plan to close its BWOW Dogecoin ETF underscores a widening gap between DOGE funds and rival XRP and Solana products.

Bitcoin is trading just below $78K after a fresh pullback left bulls facing resistance at the 50-week moving average. The broader crypto narrative remains supported by long-term store-of-value demand, record gold correlation, and institutional interest in leading digital assets.

Bitwise is launching Automated Token Portfolios built with Coinbase’s tokenized U.S. stocks, giving eligible investors outside the U.S. a new way to hold and rebalance equity baskets in crypto wallets. The rollout highlights how tokenization may move portfolio management beyond traditional pooled funds and ETFs.

Bitcoin extended its breakout to its highest level since May 15, with BTC/USD reaching 80,372 as spot Bitcoin ETF demand continued to build. Technical traders are watching 85,000 as the next upside level, while 76,000 remains the key support that could challenge the bullish view.

Large financial institutions are increasingly approving and distributing crypto products, marking a clear shift in the relationship between traditional finance and digital assets. Market participants say the buildout is turning custody, tokenization and regulated trading into core infrastructure rather than a side experiment.

Bitwise Head of Research Ryan Rasmussen says investors may be underestimating Circle as stablecoins expand from roughly $300 billion toward a multi-trillion-dollar market. He argues Circle’s long-term opportunity could extend beyond reserve revenue into payments infrastructure, including its Arc blockchain.

Bitwise Chief Investment Officer Matt Hougan says bitcoin could draw trillions of dollars from major institutions over the next decade. His long-term case argues that even a 1% allocation from the world’s largest capital pools could help support a $1.3 million bitcoin price by 2035.

Bitwise argues that STRC’s sharp drop looks like a late-cycle deleveraging event rather than a warning of imminent liquidation at Strategy. The firm says the next major wave of Bitcoin demand may come from institutional buyers, not Strategy itself.

Ethereum Institutional has secured support from across the Ethereum ecosystem, including commentary from Standard Chartered Bank and several prominent industry firms. Backers say the initiative could speed institutional adoption and reinforce Ethereum’s role in tokenized assets and financial infrastructure.