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Bitwise launches Avalanche-focused fund highlighting unique Layer 1 blockchain exposure.

Market News
22 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Bitwise Asset Management launched a new fund focused on Avalanche, a Layer 1 blockchain that allows customizable blockchains with tailored rules and validators. CIO Matt Hougan emphasized Avalanche's unique structure, which appeals to institutions and regulated entities seeking controlled blockchain environments. The fund aims to capitalize on long-term growth in tokenized assets and onchain finance, supported by partners like BlackRock and Toyota. This addition expands Bitwise's crypto lineup alongside Ethereum, Solana, and XRP, targeting diverse blockchain use cases.

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