Bitwise, a leading cryptocurrency asset manager, has announced plans to merge two of its exchange-traded funds (ETFs) in order to launch a new fund focused on Bitcoin and Ether. The new fund will utilize a momentum-based strategy to track the performance of these two popular cryptocurrencies. Bitwise aims to provide investors with a simple and accessible way to gain exposure to the potential growth of Bitcoin and Ether in the market. This move reflects the company’s commitment to providing innovative investment opportunities in the rapidly evolving world of digital assets.