BREAKING NEWS In partnership with @superstateinc, we’re excited to announce the Bitwise Crypto Carry Fund (USCC), our inaugural tokenized fund, and a major step forward in how we serve institutional investors onchain. The fund will transition from Superstate’s management to Bitwise on June 1, 2026, with Superstate continuing to power the onchain rails. The quick summary: What is USCC? USCC is a tokenized fund with more than $267M AUM (as of April 30, 2026) that seeks to earn yield via the crypto cash-and-carry trade, a strategy to generate yield from the gap between the spot and futures prices for $BTC, $ETH, $XRP, and $SOL. Why does this matter? Investors have become more interested in tokenized funds because they have the potential to leverage the unique characteristics of blockchains: 24/7 trading, utility in DeFi, transparency, and efficiency. I’m an investor. Does anything change for me? No—there won’t be any impact or disruption to existing investors during the transition period. After the transition, the fund’s name will change from the Superstate Crypto Carry Fund to the Bitwise Crypto Carry Fund, but it will keep the same USCC ticker, smart contracts, and token address. Superstate will continue to operate the onchain infrastructure via their FundOS platform, including tokenized issuance and digital transfer agency services. I want more information. What can I do? Send us a message here!