Bitwise

San Francisco, United States Founded: 2017 • Age: 9 yrs
Crypto index funds, ETFs, and managed accounts are provided.
Annual revenue - Latest available
Total funding $91.2M 5 rounds
Employees 63 Tracked headcount
Investors 33 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Bitwise

Bitwise is a company based in San Francisco (United States) founded in 2017 by Hunter Horsley and Hong Kim. It operates as a FinTech and Subscription Services. Bitwise has raised $91.24 million across 5 funding rounds from investors including Coinbase, MassMutual and Khosla Ventures. The company has 63 employees as of December 31, 2023. Bitwise has completed 3 acquisitions, including Attestant, Bitwise and Chorus One. Bitwise offers products and services including Bitwise 10 Crypto Index Fund (BITW), Bitwise Bitcoin ETF (BITB), Bitwise Ethereum ETF (ETHW), and Bitwise Crypto Industry Innovators ETF (BITQ). Bitwise operates in a competitive market with competitors including Hashdex, Hedonova, Solrise, Monochrome and 3Folio, among others.

  • Headquarter San Francisco, United States
  • Employees 63 as on 31 Dec, 2023
  • Founders Hunter Horsley, Hong Kim
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bitwise Asset Management, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $91.24 M (USD)

    in 5 rounds

  • Latest Funding Round
    $70 M (USD), Post-IPO

    Feb 25, 2025

  • Investors
    Coinbase

    & 32 more

  • Employee Count
    63

    as on Dec 31, 2023

  • Investments & Acquisitions
    Attestant

    & 2 more

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Products & Services of Bitwise

Bitwise offers a comprehensive portfolio of products and services, including Bitwise 10 Crypto Index Fund (BITW), Bitwise Bitcoin ETF (BITB), Bitwise Ethereum ETF (ETHW), and Bitwise Crypto Industry Innovators ETF (BITQ).

Product name locked
Category locked
Primary

Index fund tracking top crypto assets, rebalanced monthly.

Product name locked
Category locked
Locked

ETF providing exposure to Bitcoin for investors.

Product name locked
Category locked
Locked

ETF offering investment exposure to Ethereum assets.

Product name locked
Category locked
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ETF focused on crypto industry innovator companies.

People of Bitwise

Headcount 50-200
Employee Profiles 49
Board Members and Advisors 7
Employee Profiles
People
Matt Hougan
Chief Investment Officer
People
Katherine Dowling
General Counsel, Chief Compliance Officer
People
Hunter Horsley
CEO & Board Director
People
Hong Kim
CTO & Board Director

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Board Members and Advisors
people
Henry Kravis
Advisor
people
Tracey Brophy Warson
Advisor
people
Daniel Loeb
Advisor
people
Stanley Druckenmiller
Founder, Duquesne Capital

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Funding Insights of Bitwise

Bitwise has successfully raised a total of $91.24M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $70 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bitwise

Bitwise has secured backing from 33 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Coinbase, MassMutual and Khosla Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Family office of Alison Davis and Matthew C. Le Merle
Locked Locked Locked
Cryptocurrency investment firm
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Diversified asset management firm
Locked Locked Locked
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Investor details for Bitwise

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Bitwise

Bitwise has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Attestant, Bitwise and Chorus One.

Investments
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Investment portfolio details for Bitwise

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Infrastructure solutions for Ethereum 2 validation and staking are provided.
Locked Locked 2019 Locked
Provides crypto staking infrastructure for networks like Ethereum and Solana.
Locked Locked 2018 Locked
Crypto-linked exchange-traded products are offered for asset tracking.
Locked Locked 2016 Locked
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Complete acquisition details for Bitwise

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Bitwise

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Detailed financials for Bitwise

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  • Profit trends
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Bitwise Comparisons

Bitwise Primary company
Description
Crypto index funds, ETFs, and managed accounts are provided.
Location
San Francisco, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
63
As of 2023
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Peer comparison for Bitwise

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Bitwise

Bitwise operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hashdex, Hedonova, Solrise, Monochrome and 3Folio, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Index investing in cryptocurrencies is managed by Hashdex.
Locked Locked Locked
Hedge funds focused on alternative assets
Locked Locked Locked
Blockchain-based platform for the finance industry
Locked Locked Locked
Influencer marketing services are provided by Monochrome in Finland.
Locked Locked Locked
Automated management of crypto-focused hedge funds is offered.
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Detailed competitors of Bitwise

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Bitwise

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Complete news archive for Bitwise

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Bitwise

Bitwise was founded in 2017.

Bitwise is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Hunter Horsley is the current CEO of Bitwise. They have also founded this company.

Bitwise is a funded company, having raised a total of $91.24M across 5 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Bitwise is 63.

Bitwise Asset Management is engaged in providing professionally managed crypto investment solutions. The company operates within the financial sector, specializing in cryptocurrency assets. A range of products, including ETFs, index funds, and private funds, are offered to provide exposure to over 20 crypto assets, equities, hedge funds, and NFT collections. Since its inception in 2017, a broad suite of solutions has been developed to cater to diverse investor needs in this complex and evolving space.

Bitwise's top competitors include Hashdex, Hedonova and Solrise.

Bitwise offers Bitwise 10 Crypto Index Fund (BITW), Bitwise Bitcoin ETF (BITB), Bitwise Ethereum ETF (ETHW), and Bitwise Crypto Industry Innovators ETF (BITQ).

Bitwise has made 3 acquisitions, including Attestant, Bitwise, and Chorus One.

Bitwise has 33 investors. Key investors include Coinbase, MassMutual, Khosla Ventures, Fifth Era, and ParaFi.

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