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A $40 billion wealth manager plans to invest in Bitcoin via Bitwise Bitcoin ETF (BITB) - Bitwise CEO

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Summary
Nutrition label

62% Informative

A $ 40B wealth manager tapped Bitwise Bitcoin ETF ( BITB ) for its BTC investments.

Bitwise CEO Hunter Horsley revealed the update while expressing his excitement over the move.

The CEO lauded the development as a sign of increasing acceptance of the crypto among institutional investors.

The update comes amid a recovery noted in the broader cryptocurrency market, reflecting the market’s regaining confidence.

VR Score

45

Informative language

38

Neutral language

44

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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