Bitwise Forms Active Strategies Team, Citing Institutional Demand

Bitwise’s active strategy team will aim to capitalize on market inefficiencies for its investors The firm launched the first-ever cryptocurrency index fund back in 2017 Bitwise Asset Management — a firm known for its crypto index funds — is moving into active strategies, the firm revealed Tuesday, as executives cited growing institutional demand for such offerings.  Jeffrey Park, who joined Bitwise in February, is set to lead the new unit, a spokesperson told BitcoinLinux. Park was a partner focused on research and portfolio management at alternative asset management firm Corbin Capital Partners, where he worked for the last decade.  “A