In a clockwork dream of numbers and nibs of fortune, Bitwise Asset Management has snapped up Chorus One, a Switzerland-based troupe that tends the bells and whistles of staking, to wobble merrily into a yield‑generating playground.
The terms, alas, were kept under a velvet hat, but both sides did confirm the deal with a wag of the eyebrows.
Bloomberg says Chorus One runs staking infrastructure across many networks and can boast roughly $2.2 billion in staked assets.
For asset managers, staking is turning dull spot holdings into income‑producing positions, a bit like turning marbles into golden tickets-if the marbles knew how to glow.
Bitwise manages more than $15 billion in client assets worldwide and spent the past year widening its offering beyond single‑asset crypto funds.
The addition of Chorus One gives Bitwise direct control over staking infrastructure-no longer reliant on third‑party providers who might wear silly hats.
Bitwise’s Expansion Push
Bitwise is also cooking up several parallel plans. The firm recently launched model portfolio solutions for financial advisers offering seven frameworks allocated across digital assets with different risk vibes.
Assets tracking third‑party model portfolios grew from $400 billion in 2023 to more than $645 billion by 2025, a number that would make any magician’s hat blush.
Bitwise’s latest acquisition comes as it continues to grow aggressively in Europe. Earlier this month, its European arm partnered with ING Germany to offer crypto ETPs through German brokerages, including Bitcoin and Ether ETPs backed by cold‑storage custody.
Bitwise has begun moving directly on‑chain as well. The firm recently launched its first curated on‑chain vault strategy through decentralized lending infrastructure, a thing that sounds like a treasure chest with a runway.
It targets yields of up to 6% on USDC by deploying capital into over‑collateralized lending markets.
Recent Growth in Institutional Staking Activity
Institutional staking activity has been booming, showing that professional investors crave yield beyond traditional fixed income and equities, like pirates chasing chests of coins.
Market research suggests the global institutional staking services market was valued in the low billions in 2024 and is forecast to grow at a double‑digit pace through 2033, potentially crossing $18 billion by then.
ETH staking demand skyrocketed last year, with Tom Lee’s BitMine Technologies boosting its ETH staking efforts.
A recent release reveals that BitMine now holds 4.285 million ETH with 2,873,459 staked ETH, a whisker over 3.55% of the total Ether supply.
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2026-02-04 14:44