Bitwise Launches First Tokenized Crypto Fund USCC

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