Bitwise just bought a $267M tokenized fund

Bitwise just bought a $267M tokenized fund

From Token Metrics Daily Pulse by Token Metrics

May 8, 2026 · 8 min

About this episode

The episode discusses Bitwise's acquisition of a tokenized fund and other key developments in the crypto market.

TradFi is moving into tokenization. BTC is sliding. Two different stories. Today's key developments: - Bitwise acquires Superstate's $267 million tokenized carry fund - the asset manager's first direct move into tokenized real-world assets. - Bitcoin ETFs just posted a 5-week buying streak as institutional appetite returns and hedge positions unwind. - Kraken is buying stablecoin payments firm Reap for $600 million, according to Bloomberg. Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bitwise-just-bought-a-267m-tokenized-fund-may-7-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast Subscribe for daily crypto market updates. Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

Topics covered

  • tokenization
  • Bitcoin
  • institutional investment
  • stablecoins
  • crypto market updates

Keywords

  • Bitwise
  • tokenized fund
  • Bitcoin
  • Kraken
  • stablecoin
  • crypto
  • investment

Mentioned in this episode

Organizations: Bitwise, Superstate, Kraken, Bloomberg

Products: Bitcoin ETFs, stablecoin

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