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Bitwise announced the acquisition of institutional staking service provider Chorus One to expand its staking operations across more than 30 proof-of-stake chains, with the specific acquisition amount not disclosed.Chorus One manages approximately $2.2 billion in staked assets and will be integrated into Bitwise Onchain Solutions, serving institutional investors, family offices, and financial platforms. This acquisition will enhance Bitwise's staking capabilities and research coverage on chains such as Solana, Hyperliquid, Monad, Avalanche, Sui, NEAR, Aptos, Tezos, and TON. The terms of the deal were not disclosed, and about 50 core team members from Chorus One will join Bitwise, with co-founder Brian Crain appointed as an advisor to Bitwise.

WisdomTree announced that its tokenized money market fund WTGXX has received an SEC exemption, becoming the first registered tokenized fund in the United States capable of achieving around-the-clock trading and instant settlement within a regulatory framework. This groundbreaking innovation eliminates the traditional T+1 settlement delay in the market, allowing investors to access yield-generating assets in real-time through the USDC stablecoin, significantly enhancing liquidity and trading efficiency.This feature will initially be available to institutional investors through the WisdomTree Connect platform, with potential expansion to retail investors in the future.

The U.S. Securities and Exchange Commission (SEC) announced that its Division of Investment Management has issued an exemption to WisdomTree's tokenized money market fund, the WisdomTree Treasury Money Market Digital Fund. According to this exemption, investors can buy and sell shares of the money market fund (MMF) at a price of $1 per share during trading hours through dealers, without being subject to its daily closing net asset value (NAV), as the fund issues tokenized shares on the blockchain.This regulatory exemption allows investors to continuously trade tokenized fund shares with dealers during trading hours, achieving faster settlement speeds compared to traditional models. The SEC added that this move provides flexibility for the operation of tokenized fund products within the current regulatory framework, helping to enhance trading efficiency and settlement experience.

According to The Block, Bitwise Chief Investment Officer Matt Hougan stated that decentralized finance is expected to lead the crypto market out of the current bear market. He pointed out that major DeFi protocols have shown substantial progress: Uniswap DEX's trading volume often exceeds that of centralized exchange Coinbase, and DeFi lending platform Aave has an annual revenue of over $100 million. Hougan believes that the next bull market will focus on fundamentals, and DeFi aligns with this trend.Hougan specifically mentioned Aave Labs' recent governance proposal, which aims to transfer all Aave brand product revenues to the DAO treasury while adjusting the incentive mechanisms between developers and the community. He believes this shift will help address the long-term misalignment between the protocol's success and the token's value; if Aave can achieve this, other DeFi assets may follow suit. He also noted signs of institutional participation, such as BlackRock investing in Uniswap and Apollo investing in Aave competitor Morpho.Additionally, Strategy co-founder and Executive Chairman Michael Saylor stated in an interview with Fox Business that the current crypto market is indeed in a bear market, but "it is much milder than previous cycles" and "will last a shorter time." He mentioned that the banking sector's support for Bitcoin is stronger than it was four years ago, with continuous capital inflow and ongoing technological advancements, and posted on X platform that "spring is coming, Bitcoin is winning."

According to Cointelegraph, ETF issuers Bitwise and GraniteShares have submitted applications to the U.S. Securities and Exchange Commission to launch event contract funds linked to the results of the U.S. elections.Bitwise's prospectus submitted on Tuesday shows that it plans to launch six prediction market-style ETFs named "PredictionShares" on NYSE Arca. These funds will track the partisan affiliation results of the 2028 presidential election and the 2026 congressional elections—if the Democratic or Republican party wins, the corresponding fund will gain capital appreciation; if they do not win, the fund will "essentially lose all value."At least 80% of each fund's net assets will be invested in binary event contracts traded on CFTC-regulated exchanges. Such contracts settle at $1 when the outcome occurs, and $0 otherwise.On the same day, ETF issuer GraniteShares also submitted prospectuses for six similarly structured election result-linked funds.Roundhill submitted a similar fund application on February 14. Bloomberg ETF analyst James Seyffart commented, "The financialization and ETF-ization of everything continues. This is not the first such application, and it is highly unlikely to be the last."

According to Jinshi reports, the USD/CHF has fallen more than 0.5% during the day, currently at 0.7672.

Bitwise CEO Hunter Horsley stated, "A wealth management client of Bitwise had never allocated to crypto assets when they first engaged with Bitwise two years ago. Until today, with the market correction, this client has invested $11 million in Bitcoin. For the vast number of investors who have yet to enter the crypto market, the market correction presents an opportunity."

Bitwise Chief Investment Officer Matt Hougan stated in the ETF Edge program that the recent decline in Bitcoin is not caused by a single factor, with the four-year cycle being a major downward catalyst. Matt Hougan pointed out that investors have recently favored assets like gold and AI stocks over cryptocurrencies. Additionally, the market is also affected by quantum risks and concerns regarding Kevin Warsh.Despite Bitcoin's price briefly falling below $61,000, reaching a nearly 16-month low, Matt Hougan believes that the financialization process of Bitcoin has not changed its supply scarcity. Currently, Bitwise manages over $15 billion in assets, and its Bitwise Solana Staking ETF has dropped about 57% since its launch last October.

According to Rankiapro, cryptocurrency asset management company Bitwise announced the launch of five cryptocurrency exchange-traded products (ETPs) on the Italian Stock Exchange (Borsa Italiana), namely: Bitwise Core Bitcoin ETP, Bitwise Physical Bitcoin ETP, Bitwise Physical Ethereum ETP, Bitwise Diaman Bitcoin & Gold ETP, and Bitwise MSCI Digital Assets Select 20 ETP.

Vitalik commented on "ENS stops L2 Namechain development, v2 will be directly deployed on the Ethereum mainnet": "This is a wise decision. ENS domain names and records are the core state of the Ethereum ecosystem. I believe the best architecture for decentralized identity and social (which I think ENS is in this domain) is to store each user's account and profile data on L1, and use a dedicated L2 (which could be much simpler than a full EVM) to handle user operations (e.g., actions on social platforms)."

According to CoinDesk, Bitwise stated that the current high level of anxiety in the market may indicate that the market is approaching a bottom.The company pointed out that this sense of anxiety is similar to the sentiment at the bottoms of the cycles in 2018 and 2022, which both became "excellent buying opportunities." Bitwise Chief Investment Officer Matt Hougan noted that investors who bought at the 2018 low saw returns of about 2000%, while those who entered at the 2022 low experienced an increase of about 300% over more than three years. He believes that the current disconnection between prices and actual industry progress reflects these cyclical characteristics.Hougan emphasized that the rise of stablecoins, asset tokenization, and trends like "AI + finance" indicate that the ecosystem is still maturing and the fundamentals have not changed. Regarding the market turnaround, Bitwise believes that crypto bear markets typically end with exhaustion of sentiment rather than sudden excitement. Potential upward catalysts include the passage of the Clarity Act, a shift in market risk sentiment, rising expectations for interest rate cuts, and technological breakthroughs in the intersection of AI and crypto. Without a sudden positive shock, the market may "gradually grind to a bottom."

Bitwise CEO Hunter Horsley stated in an interview with CNBC, "Bitcoin has seen a double-digit drop in a single day and is currently in a bear market, down nearly 30% year-to-date. As for the reasons, I believe the current crypto market is being swept up by the overall macro environment, with investors selling off all liquid assets. Gold is down, the Nasdaq 100 is down, and Amazon is also being sold off. Over the past few months, there have indeed been some internal factors in the crypto space, such as operational disruptions at certain offshore trading platforms, but at this moment, crypto assets are trading more in sync with other highly liquid assets. I feel that long-term holders are experiencing uncertainty; meanwhile, newly entering institutional investors feel they are encountering a 'second chance,' seeing prices they once thought they had missed forever. I believe we are currently in a transitional phase. Ultimately, crypto assets remain a relatively small asset class, and most investors have not truly allocated to them yet. Therefore, the overall long-term outlook is very solid; it is just currently experiencing fluctuations and reversals during this transitional period."

According to official documents, Bitwise has formally submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) to apply for the Bitwise Uniswap ETF.The product is managed by Bitwise Investment Advisers, with Coinbase Custody as the custodian. Currently, it does not participate in staking, but may introduce it in the future through amendments to the registration documents.

According to PR Newswire, cryptocurrency asset management company Bitwise has announced the launch of Model Portfolio Solutions, which allows institutional users to incorporate digital assets into client portfolios through ETFs, tailored for different types of investors and risk preferences.The "Core" portfolio offers broad exposure to the crypto ecosystem, while the "Thematic" portfolio is suitable for those looking to fine-tune their investment direction and focus on specific themes (such as stablecoins, tokenized products, or cryptocurrencies other than Bitcoin).

The cryptocurrency asset management company Bitwise Asset Management has agreed to acquire the institutional-grade staking service provider Chorus One. Both parties have confirmed the transaction but did not disclose the specific acquisition amount. Chorus One primarily provides institutional-grade staking services for decentralized networks, with its official website indicating that it currently manages approximately $2.2 billion in staked assets.Bitwise CEO Hunter Horsley stated that for clients holding spot cryptocurrency assets, staking is "one of the most attractive growth opportunities." Reports indicate that the M&A scale in the cryptocurrency industry reached a historic high in 2025, with a total transaction volume of approximately $37 billion, showing a clear trend of industry consolidation. Chorus One CEO Brian Fabian Crain also mentioned that the staking business is better suited for integration into larger platform ecosystems.

According to CoinDesk, WisdomTree CEO Jonathan Steinberg, whose assets reach $150 billion, stated that cryptocurrency has now become a core part of its business.The company's layout in the tokenization field is close to profitability, with tokenized assets growing from about $30 million to approximately $750 million, while also expanding into emerging blockchains like Solana. Jonathan Steinberg views cryptocurrency as the cornerstone of modern financial infrastructure and points out that initiatives such as tokenized funds, the WisdomTree Connect platform, and strategic investments in compliant tokenization technology are key to the company's long-term growth.

According to The Block, Bitwise CIO Matt Hougan stated in the latest client memo that the crypto market has been in a "full-blown crypto winter" since January 2025, with Bitcoin down about 39% and Ethereum down about 53%. He noted that ETFs and digital asset trusts have purchased over 744,000 Bitcoins (approximately $7.5 billion), which has masked the true weakness of the market. Nevertheless, Hougan believes that the market is currently closer to recovery rather than further decline, and pointed out that structural progress in areas such as regulatory advancements, institutional adoption, and tokenization is still ongoing. He stated that crypto winters typically end with market exhaustion rather than excitement, and the current sense of despair and fatigue is similar to conditions seen at previous market bottoms.

Bitwise CEO Hunter Horsley posted on social media that he has increased his Bitcoin holdings again, stating "I can't resist the cost zone below $80,000." At the same time, he also increased his position in BITQ and expressed a bullish outlook on crypto-related stocks overall.

According to Coindesk, Bitwise Chief Investment Officer Matt Hougan stated in an interview that cryptocurrencies are in the late stages of a bear market bottom, paving a volatile yet constructive path for stronger developments in 2026.Cryptocurrencies spent most of 2025 in a bear market, with many altcoins dropping over 60%. Bitcoin avoided larger losses, mainly due to continued buying from corporations and ETFs. He described the current situation as a "narrowing bottom," characterized by weak ETF fund flows and low retail participation.Hougan expects Bitcoin to trade sideways between $75,000 and $100,000 in the first half of this year. He reiterated his view that Bitcoin could reach around $6.5 million per coin in the next 20 years. Hougan stated that the core assumption is not accelerated adoption, but rather the continued growth of global debt, monetary expansion, and currency devaluation.He believes Bitcoin is an upgraded version of gold, and central banks are just beginning to understand its role. "As long as the future does not change significantly from the past 15 years, we can achieve our goal. It's just a matter of time."

According to Jinshi reports, the USD/CHF has risen above 0.77, with a daily increase of 0.81%.