Bitwise CIO Backs Avalanche With New AVAX ETF Launch

TLDR Bitwise launched a new Avalanche-focused fund on April 15 to expand its crypto product lineup. CIO Matt Hougan said Avalanche offers differentiated exposure within the Layer 1 blockchain market. Hougan explained that Avalanche allows institutions to launch customizable blockchains with their own rules and validators. He linked the AVAX ETF thesis to long-term growth [...]

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