Bitwise: Cuts 14% Staff Amid Crypto Slump
Bitwise cuts 14% of staff as crypto slump hits ETF issuers, following 2025-2026 market downturn affecting Bitwise ETF assets under management.
SourceAnalysis
Bitwise slashed 14% of its workforce as the crypto slump reaches ETF issuers, underscoring ongoing pressure on firms managing Bitcoin products during the 2025-2026 market downturn. This move aligns with broader challenges in crypto ETF issuers performance during 2025-2026 market slump and Bitwise ETF assets under management and layoffs history, where reduced trading volumes have forced cost cuts across the sector.
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