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      Bitwise Working with Over 20 Wealth Management Platforms to Drive Crypto ETP Listings, with Combined AUM of About $24 Trillion

      PANews October 15 news, according to Bitwise's Ishmael Asad (@AsadIshmael), Bitwise is working with more than 20 wealth management platforms, which together manage approximately $24 trillion in assets under management (AUM), to drive approval of crypto ETP listings. The current approval status across platforms is: 17 for crypto equities, 11 for Bitcoin, 6 for Ethereum, 6 for a top-10 crypto basket, 2 for Solana, 1 for a Bitcoin/gold combination, and 1 for XRP. Since the first spot crypto ETFs listed in January 2024, crypto ETPs have seen cumulative net inflows of $77 billion, and the U.S. now has more than 50 spot crypto ETPs. Topics discussed in the partnerships cover crypto market outlook, stablecoins, tokenization, DeFi applications, crypto equities, and regulation.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud