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- 1Former BlackRock Executive and Bitwise Clash Over Bitcoin vs Ethereum●A Former BlackRock Executive Calls Bitcoin an “Exit Asset” and Ethereum “the New Rails.” Bitwise Says the Opposite.
A former BlackRock executive has described Bitcoin as an 'exit asset' and called Ethereum 'the new rails,' framing Ethereum as the infrastructure for future financial activity. Bitwise, the crypto asset manager, is arguing the opposite, defending Bitcoin's position as the primary digital asset. The disagreement between two institutional voices highlights an ongoing debate over which blockchain will dominate institutional adoption.
- 2NEAR Hits One-Year High After Bitwise Spot ETF Filing●NEAR Hits One-Year High, Outpaces Bitcoin After Bitwise Files Final Prospectus For Spot ETF
NEAR Protocol's token climbed to a one-year high and outperformed Bitcoin after asset manager Bitwise filed a final prospectus for a spot NEAR exchange-traded fund in the United States. The filing is being read as a step toward approval, and traders are bidding up the token in anticipation of new institutional access to the asset.
- 3Institutions Held Crypto Through 50% Market Drop, Bitwise Report Finds●According to Bitwise's Sept 23 report, 0 out of 15 major institutional investors cut crypto allocations during a ~50% ma
A Bitwise report dated September 23 found that none of 15 major institutional investors reduced their crypto allocations during a roughly 50% market decline between Q4 2025 and Q2 2026. With typical exposure of 1-2% of assets under management, no holder cited falling prices as a reason to sell, while investors not yet in crypto continued advancing their due diligence. The finding is being read as a sign that institutional conviction in digital assets has matured beyond short-term price moves.