Bitwise will launch BTC and Treasury Bond Rotation Strategy ETF (BITC)

According to Foresight News, Bitwise has announced the launch of the Bitwise Trendwise BTC and U.S. Treasury Rotation Strategy ETF (BITC), which combines Bitwise's BTC Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH), and Bitwise BTC and Eth Eq Wgh Str ETF (BTOP). In a statement, Bitwise said that asset managers can rotate between 100% encryption futures contract exposure and 100% U.S. Treasury exposure based on market trends to better manage fluctuations in the crypto market. The transition may take place on December 3. The new fund will charge investors a fee rate of 0.85%.