Binance situation is ongoing but a few comments —
1. Client assets in
@bitwise solutions —across vaults we curate, private funds, ETFs— are safe. We will continue to monitor the situation.
2. Markets (both spot and lending) will likely be choppy for a bit. The crypto industry will survive this and be stronger for it. As will
@binance who has the industry's support.
3. Cyber defense is an essential topic for all firms this year. And will continue to be.
As ever, committed to being a good steward for our clients and a good partner.