Bitwise to manage $267M Superstate USCC fund, renaming it Bitwise Crypto Carry Fund from June 1.

Bitwise is set to take over the management of Superstate’s USCC fund, which holds $267 million in assets, starting June 1. Upon takeover, the fund will be renamed the Bitwise Crypto Carry Fund. This move marks Bitwise's entry into tokenized funds, expanding its presence in the real world assets space. Investors can expect new management strategies under Bitwise's leadership going forward.