Bitwise launches its first tokenized crypto fund USCC

According to Odaily, Bitwise Asset Management Chief Investment Officer Matt Hougan announced on the X platform the launch of the first tokenized fund, Bitwise Crypto Carry Fund (USCC), stating that "eventually every fund will be tokenized." The USCC fund uses a market-neutral strategy, primarily generating returns through basis trade in the crypto market. USCC is currently open to qualified investors, and fund shares are issued based on relevant exemptions under U.S. securities laws.