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Bitwise files for Bitcoin and Treasuries rotation ETF

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Key Takeaways

  • Bitwise’s new ETF strategies will rotate between crypto and US Treasuries based on market trends.
  • The Trendwise strategies use a proprietary signal based on the 10- and 20-day EMA of crypto assets.

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Bitwise Asset Management announced today it filed to convert its Bitcoin and Ethereum futures ETF into trend-following strategies that will rotate between crypto and US Treasuries exposure based on market trends.

As detailed, Bitwise plans to convert the Bitwise Bitcoin Strategy Optimum Roll ETF to the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF.

The Bitwise Ethereum Strategy ETF will become the Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF will be renamed to the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF.

The proposed ETFs will adjust investment exposure based on market conditions, meaning that these funds will invest in crypto when they are trending upwards and rotate into US Treasuries during market downturns.

With the new Trendwise strategies, Bitwise aims to enhance risk-adjusted returns by capitalizing on market momentum while protecting investors during bearish market conditions.

“The new Trendwise strategies capitalize on that momentum through a trend-following strategy that rotates between crypto and Treasuries exposure based on market direction. The goal is to help minimize downside volatility and potentially improve risk-adjusted…

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