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Bitwise, a leading name in cryptocurrency asset management, is looking to capitalize on the growth of Ethereum’s layer-2 networks and applications. The firm is contemplating the introduction of an Exchange Traded Product (ETP) that would provide investors with exposure to these cutting-edge technologies.
Matt Hougan, Bitwise’s Chief Investment Officer, has expressed a bullish stance on the potential of Ethereum’s layer-2 solutions. These solutions are designed to increase network scalability and reduce transaction fees, which have been significant hurdles for the main Ethereum blockchain. By moving some of the transactional load off the main Ethereum chain, layer-2 networks such as Optimism, …
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