Managing approximately $9 billion in client assets, Bitwise launches automated tokenized stock portfolios for eligible investors outside the U.S., with a fee of 0.15%

Odaily Planet Daily News: Bitwise Asset Management will launch automated tokenized portfolios, allowing eligible investors outside the U.S. to hold tokenized stock baskets in non-custodial wallets. The product will use Coinbase's tokenized U.S. stocks, powered by Glider, and will automatically rebalance based on weights set by Bitwise. The initial portfolios will focus on the Magnificent Seven tech stocks, AI, and robotics themes. The underlying assets will not be pooled into investment vehicles but will remain in investors' own wallets. The product will charge a 0.15% methodology access fee and is expected to go live in the coming weeks.