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Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio

Market losses and net redemptions cut the fund to $532.8 million while Bitcoin’s portfolio share rose to 77.81%. The post Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio appeared first on CryptoSlate.

Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio