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Bitwise has introduced the Bitwise Avalanche ETF, allowing people to own AVAX through a traditional investment vehicle. Hunter Horsley, CEO and co-founder of Bitwise Asset Management, described Avalanche (AVAX) as an underappreciated crypto asset that continues to drive real-world adoption.
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Bitwise recently recorded over $40 million in traded volume within the first three hours of its Hyperliquid ETF launch, according to CEO Hunter Horsley. The firm has also submitted comments on the SEC’s proposed Regulation Crypto Assets, with Horsley welcoming a constructive regulatory approach in a prior statement. These moves come as Bitwise continues to expand its crypto asset offerings through traditional investment vehicles.