The crypto asset manager will take over Superstate’s $267 million USCC fund as tokenized investment products gain traction with institutions. Bitwise plans to take over management of Superstate’s $267 million Superstate Crypto Carry Fund on June 1, renaming it the Bitwise Crypto Carry Fund while keeping Superstate’s blockchain infrastructure. The fund offers qualified investors a crypto cash-and-carry strategy, aiming to profit from the spread between spot crypto prices and typically higher fut…
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