Bitwise Bitcoin and Ether Equal Weight Strategy ETF

BTOP

Market cap $4.31M

FOX Business' Darren Botelho reports Republicans are racing to cement U.S. crypto dominance with a proposed national Bitcoin reserve funded by seized digital assets tied to Iran.

Rep. Nick Begich unveils the American Reserve Modernization Act to establish a U.S. strategic bitcoin reserve within the Treasury Department with bipartisan support.

A few weeks ago, Bitcoin ( CRYPTO: BTC ) ETFs were the bull case.

Bitcoin ( CRYPTO: BTC ) ETFs recorded about $1 billion in weekly inflows in the week of April 17, according to SoSoValue.

Bitcoin's move back above US$80,000 is the most consequential development of the past two weeks, but advisors should resist the urge to extrapolate. The break matters because the level had repeatedly capped price action since late January and coincides with aggregate spot-ETF entry prices and broader institutional cost bases, according to CoinShares' Research.

Fundstrat's Tom Lee says activity in recent months point to a bullish phase for cryptocurrencies.

SAN FRANCISCO, May 1, 2026 /PRNewswire/ -- Bitwise Asset Management, the global crypto asset manager with $11 billion in client assets (as of April 1, 2026), plans to close and liquidate the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) and the Bitwise Web3 ETF (BWEB).

Artificial intelligence may be one of the most crowded trades in financial markets right now — but bitcoin, which is currently mired in a bear market, could be a cheaper way to play the AI boom.

Capital has flowed into bitcoin through multiple channels, which makes it less likely that bitcoin sees a sharp reversal like in previous months, and more likely that the rally builds momentum.

US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk appetite and geopolitical developments drove institutional activity. ETF inflows hit multi-month highs According to data from SoSoValue, spot bitcoin ETFs drew in $996.4 million in net inflows last week, marking the largest weekly total since the week ended Jan. 16.