Summary: Bitwise Asset Management, a crypto index fund management company with assets under management of more than $1.5 billion, today announced the launch of the Bitwise Polygon (MATIC) fund. This strategy aims to provide investors with access to Polygon's native token--MATIC--through professionally managed investment tools. The new fund is currently available for private placement subscriptions by ...

Bitwise Asset Management, a crypto index fund management company with assets under management of more than $1.5 billion, today announced the launch of the Bitwise Polygon (MATIC) fund. This strategy aims to provide investors with access to Polygon's native token--MATIC--through professionally managed investment tools.

The new fund is currently available for private placement subscriptions by qualified investors, with a minimum investment of $10,000 and redemption once a week. Coinbase Custody Trust provides custody services.

Bitwise has launched a series of products earlier this year, including Bitwise Uniswap (UNI) Fund, Bitwise Aave (AAVE) Fund, Bitwise 10 ex Bitcoin Crypto Index Fund, Bitwise Crypto Industry Innovators ETF (BITQ), and Bitwise DeFi Crypto Index Fund.

By Mary Liu