Apr 23
Bitwise CIO links AVAX ETF Case To Rising Demand for Customizable Blockchains
Bitwise launched an Avalanche fund on April 15 as Matt Hougan cited custom blockchains and tokenized asset growth.
➤ Bitwise has launched an Avalanche fund, linking its appeal to the growing demand for customizable blockchains and tokenized assets. ➤ The firm argues that Avalanche's unique architecture, allowing for custom blockchains with tailored rules, suits institutional needs for control and compliance. ➤ This strategy positions Avalanche as a distinct Layer 1 network, complementing Ethereum and Solana, and supporting the case for a potential AVAX ETF.
