TREE NEWS update: Bitwise CEO Hunter Horsley said AI and crypto “share the same origin” and that the firm plans to expand further into AI. Bitwise currently has two AI ETF applications pending approval: the Bitwise AI Cyber Defense ETF and the Bitwise AI Bond ETF. The company also launched the first US spot NEAR ETF last week.
Bitwise CEO Says AI and Crypto ‘Share the Same Origin,’ Plans More AI Business
The framing matters more than the pending filings: an established crypto asset manager recasting AI and crypto as one lineage is a positioning move, not just product expansion. It signals where crypto-native firms expect flows and narrative to concentrate, and it puts Bitwise in direct competition with mainstream AI fund issuers. Whether that convergence story holds up as the ETF applications move through review — and whether crypto-branded AI products attract distinct demand — is the open question.
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