Bitwise launches first tokenized crypto fund USCC

Odaily Odaily Planet Daily News Bitwise Asset Management Chief Investment Officer Matt Hougan announced on X platform the launch of the first tokenized fund, Bitwise Crypto Carry Fund (USCC), and stated that "ultimately every fund will be tokenized." The USCC fund adopts a market-neutral strategy, primarily generating returns through crypto market basis trades. Currently, USCC is open to qualified investors, and fund shares are issued in accordance with relevant exemption provisions under U.S. securities laws.