Bitwise Asset Management bought London-based crypto firm Attestant Ltd., adding staking services and $3.7 billion in assets as investors pile into ethereum and other digital currencies. Terms of the acquisition by Bitwise, which runs the $2.71 billion Bitwise Bitcoin ETF (BITB), the No. 3 spot bitcoin ETF, weren’t disclosed in a press statement. Staking is the mechanism by which Ethereum and other cryptocurrency transactions are validated. Bitwise, whose chief investment officer Matt Hougan is on the etf.com editorial advisory board, also runs the $233.7 million Bitwise Ethereum ETF (ETHW).
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