Bitwise to Manage Superstate's $267 Million Crypto Carry Fund

Bitwise Asset Management is set to assume investment management responsibilities for Superstate's $267 million Crypto Carry Fund, which employs a tokenized cash-and-carry strategy. According to NS3.AI, the transition is anticipated to be finalized by June 1, at which point the fund will be rebranded as the Bitwise Crypto Carry Fund. Superstate will continue to manage the onchain issuance and transfer operations via FundOS.