Bitwise to Launch New Product for On-Chain Users on the 25th

Bitwise will unveil a new type of product for on-chain native users on the 25th. This is interpreted as a product tailored to the blockchain-based user environment, going beyond existing exchange-traded products or institutional management products. The CEO of Bitwise stated on X, "Bitwise will launch the first new product type focused on on-chain native users on the 25th." On-chain native users refer to those who directly use wallets, smart contracts, and DeFi protocols. The product name, supported networks, investment structure, fees, and available countries have not been disclosed. It will be confirmed after the announcement on the 25th whether this announcement is closer to exchange-traded products, tokenized funds, staking, vault management, or separate on-chain services. Bitwise has recently expanded its exchange-traded products and staking areas, with over $1.8 billion in net inflows in the first half of this year. The new product specifically targets the on-chain user base, and its structure and target audience can be assessed after the official announcement.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.