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Bitwise CIO: Token Buybacks Go Mainstream, Crypto Valuations Could Face Multiple Re-Rating
Blockchain

Bitwise CIO: Token Buybacks Go Mainstream, Crypto Valuations Could Face Multiple Re-Rating

Bitwise's Chief Investment Officer has observed DeFi apps and protocols shifting toward revenue-driven token buybacks, arguing this "revenue fever" could trigger a doubling-level re-rating of crypto asset valuations.

Bitwise Weighs Tokenizing Solana Staking ETF with Superstate, But Shares Can't Leave the System
Blockchain

Bitwise Weighs Tokenizing Solana Staking ETF with Superstate, But Shares Can't Leave the System

Bitwise is evaluating a partnership with Superstate to tokenize shares of its Solana staking ETF; the tokenized version would carry the same rights as traditional book-entry shares, but couldn't be freely transferred outside the system.