Bitwise Asset Management has introduced a new offering, three crypto futures ETFs based on market trends from long-term strategies. In this way, continuous profits will be targeted by changing the weight between crypto futures and US Treasury bonds depending on the situation. The ticker of the new ETF will be $BITC.
New ETF Strategy
This strategy is intended to reduce the risk of losses in downturns and support long-term growth and will come into effect on approximately December 3, 2024. Bitwise submits Bitcoin to SEC 
$61,536 and submitted a proposal for a new Treasury-focused ETF. It plans to rotate the investment strategy of three crypto futures ETFs between crypto and U.S. Treasuries with its own strategy called “Trendwise.” On the specified date, Bitcoin Strategy Optimum Roll ETF will begin operating under the name Trendwise Bitcoin and Treasury Roll Strategy ETF (BITC).
Strategic Innovations and Renamings
Ethereum 
$2,386 Strategy ETF will be renamed Trendwise Ethereum and Treasury Rotation Strategy ETF. Bitcoin and Ether Equal Weight Strategy ETF will serve as Trendwise BTC/ETH and Treasury Rotation Strategy ETF. The new strategy responds dynamically to market trends and volatility, ensuring minimal deviation and keeping the focus of its investments on long-term price growth.
Matt Hougan, Bitwise CTO: “Momentum is an important factor in almost every asset class, and it is strong for crypto as well. New Trendwise strategies capitalize on this momentum with a trend-following strategy that rotates between crypto and Treasury investing depending on market direction. “The goal is to help minimize downside volatility and potentially increase risk-weighted returns.”
Bitwise uses a special signal based on market momentum for crypto assets. This strategy includes Bitcoin and Ethereum and is driven by 10- and 20-day exponential moving averages. Funds invest in the respective cryptocurrencies as long as the 10-day EMA is above the 20-day EMA, indicating upward momentum. Otherwise, the switch is made to US Treasury bonds. The funds will maintain their current expense ratios and tax regulations, and existing investors will not need to take any action.
Bitwise’s Expansion Steps
For Bitwise, 2024 was full of many developments. The company launched its first spot Bitcoin ETP in January and its first Ethereum ETP in July. In August, it expanded its European presence as the world’s largest crypto index fund manager by purchasing crypto fund provider ETC Group.
Recently Bitwise filed a lawsuit against SEC regarding Ripple 
$0.525539 Labs has filed an S-1 to offer a spot XRP ETF that will invest directly in the crypto token. If approved, investors will gain direct access to the Ripple token.
Bitwise’s latest steps aim to offer more diverse and flexible investment tools for crypto investors. The company’s innovative strategies can help investors manage their risks and increase their potential returns by adapting to changing conditions in the market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
