Institutional Partnerships & Onchain Solutions @bitwise
New York, NY
Joined February 2016
- Tweets561
- Following307
- Followers263
- Likes2.2K
Alexandra Nadel retweeted
PAPY, Bitwise Premium RWA Vault has crossed $12,000,000 of TVL.
Excited about real-world yields coming onchain.
Finance is coming onchain.
Introducing PAPY—the Bitwise Premium RWA Vault, launching on @Morpho with @withAUSD.
PAPY earns yield by lending AUSD deposits programmatically against overcollateralized tokenized real-world assets—durable, traditional credit, brought onchain.
Loans are secured by a diversified basket of RWAs, including:
- PST by @humafinance — short-duration cross-border payment financing to institutions
- sUSDai by @USDai_Official — loans backed by the GPUs that power AI
- PRIME by @HastraFi — tokenized claims collateralized by prime home equity, in partnership with @Figure
Deposits are made in AUSD, Agora's stablecoin, which is fully backed by short-term U.S. Treasuries, overnight and reverse repo, and other liquid assets.
Bitwise determines the collateral and programs the risk parameters so you can access onchain yield backed by real-world value.
PAPY is live now on Morpho.
TradFi credit on DeFi rails. Onchain finance is here.
For more information, visit onchain.bitwiseinvestments.c…
It's here! 🔥🔥🔥
Onchain finance is here! We’re pushing hard to bring net new products to market with exceptional teams like @Bitwise!
Alexandra Nadel retweeted
The largest XRP ETF in the world.
14 years in, and the ripple:native community continues to be unstoppable.
The Bitwise XRP ETF (XRP) crossed $500,000,000 in AUM—just 9 months after launch.
Grateful for the chance to expand mainstream access to XRP and steward investors’ exposure to the opportunities in this space.
Alexandra Nadel retweeted
Niceness is a superpower.
I know some people think it’s a weakness. I don’t buy that.
Maybe I’d be worth more money if I were more ruthless.
But I can’t do it. I have to be nice to people, it’s just who I am.
And here’s what I’ve found, every time in my career where being nice seemed like it cost me something, it actually helped me.
Created a softer landing. Made the hard moments easier to get through.
Be nice.
Snaps to @KamBenbrik and @0xrafal on their tireless work here!
Phenomenal read and education on what’s going on in protocol staking 🫰 🫰
The first ever Bitwise Staking Report is here.
In our new quarterly digest, we take a hard look at the fundamentals for Ethereum, Solana, Hyperliquid, Avalanche, Near, and Tempo.
TLDR: Things are looking pretty good under the hood.
Read the report: bitwiseinvestments.com/crypt…
Epic day @Polymarket 🔥
Alexandra Nadel retweeted
Lyn Alden: "The best product Coca-Cola ever sold was their bonds, not their Coke."
Coca-Cola borrows at 2-3% while the money supply grows at 7%. They then use that cheap debt to buy scarcer assets.
Governments do it. Corporations do it. Wealthy individuals do it. Everyone is shorting the currency...
Except the people at the bottom.
They can't access cheap debt and "are getting the full damage of the inflation" on their wages and savings.
FT @LynAldenContact @PeterMcCormack.
Why do people feel poorer even when nothing dramatic has happened?
Michael Saylor explains the invisible tax crushing everyone who doesn't own assets.
"The currency supply measured in dollars is continuing to expand, probably expanding 7% a year. It's been expanding about 7% a year for 100 years."
People that don't own assets are paying for it without even realizing it.
FT @Saylor @PeterMcCormack @mccormack_show.
It was indeed @humafinance 🔥
Great co-hosting with you @humafinance 🔥
Huma and @Bitwise co-hosted Institutional Liquidity Dinner during @ethconf, bringing together institutional leaders, builders, and operators working at the forefront of onchain finance, PayFi, and stablecoins.
The room included @0xFluid, @Tether, @Chainlink, @Turtledotxyz, @Upshift_fi, and SBI Group. One thing was clear: Institutional adoption of stablecoins for treasury, payments, and settlement has moved from conversations to execution.
Conversations around digital assets has never felt more optimistic and urgent. The infrastructure for global onchain finance isn't built alone. Rooms like this are where it starts.
Thank you to everyone who joined, and to the @Bitwise team for making it happen together.
Alexandra Nadel retweeted
When @Bitwise started in 2017, these were the leaders:
* Leading custodians: Xapo, Kingdom Trust
* Leading crypto funds: Metastable, Polychain, Blockchain Capital, Pantera
* Leading exchanges: Poloniex, Bittrex, Bitfinex, BitMEX, Bitstamp, Kraken, GDAX, Coinbase
* Leading assets included: NEO, OmiseGo, NEM, DASH, IOTA, BCH, ETC, BTC, ETH, XRP
Every few years, crypto has a changing of the guard.
Some of the leaders who got us here don't continue. Others do.
2026 is a changing of the guard. A new vintage is beginning.
The crypto community feels it. People are feeling an subconscious sense of loss, nostalgia, uncertainty.
But remember too, there's a rebirth, and great new things around the corner.
Alexandra Nadel retweeted
~$31,000,000 of Bitwise Solana Staking ETF $BSOL volume traded today.
~$16,000,000 of Bitwise Hyperliquid ETF $BHYP traded today.
Both greater than most other crypto ETFs.
Revenue chains punching above their weight.
There's a new class in crypto: the revenue chains.
The leaders are Hyperliquid & Solana.
Both do some overlapping things, and some different things. Both have exceptional communities, usage, use cases, etc.
I think that both will rise together, just as iOS and Android both rode the structural adoption of mobile.
In the case of the revenue chains, they are riding the wave of capital markets coming onchain.
Right place, right time for both. If you are rooting for HYPE or SOL or both, success will be less about the competition between the two (healthy ofc), but rather the rise of onchain capital markets.
Root for capital markets coming onchain.
Love seeing crypto succeed —
Alexandra Nadel retweeted
Always a pleasure speaking with @JennSanasie and @CoinDesk at the NYSE, where we covered:
- Bitwise’s bull case for Hyperliquid
- What makes crypto ETFs competitive
- Questions wealth managers ask about crypto
- Near, Bittensor, agentic AI, and more…
Capital is rotating out of BTC and ETH ETFs and into HYPE, SOL and XRP. On CoinDesk's Public Keys at the @NYSE, @BitwiseInvest's @RasterlyRock makes the bull case for HYPE, @HypeStrat's @dschamis breaks down how leverage works in crypto trading, and @Calamos' Matt Kaufman on how protected Bitcoin ETFs let investors avoid drawdown. Watch with @JennSanasie.
00:00 Welcome to Public Keys
00:30 BTC Bounces as US-Iran Peace Talks Cool Oil Prices
01:00 SpaceX S-1 Reveals 18,712 BTC on the Balance Sheet
01:45 SEC Delays Tokenized Stocks Innovation Exemption
02:05 Kevin Warsh's First Week as Fed Chair Begins
02:30 HYPE ETFs Pull $72M, Bitwise's Ryan Rasmussen Joins
06:30 The Bull and Bear Case for Hyperliquid
11:30 Wealth Managers Move Beyond BTC and ETH
14:30 Margin Trading 101 With David Schamis
17:00 Crypto Margin vs. Equities and the Timing Trap
19:30 Trading 24/7 and the Rise of AI Agents
23:30 BTC ETFs Bleed $1.26B, Capital Rotates Into HYPE/SOL/XRP
25:30 Calamos' Matt Kaufman on Protected Bitcoin ETFs
28:30 Advisors Rotate From Spot BTC Into Protected Wrappers
30:00 The Calamos ETF Roadmap
32:30 Fear & Greed Index Sits at 34
Thank you to our sponsor @krakenfx
Alexandra Nadel retweeted
Just getting started 🫡
Hyperliquid
Grateful to announce that $BHYP is now the world’s largest HYPE ETF by AUM.*
- $62.9M in AUM
- Average daily volume: $19.8M
- Total inflows: $56.9M
- The only spot Hyperliquid ETF to stake assets in-house
- The only spot Hyperliquid ETF to publish the fund’s wallet addresses
- 10% of the Fund’s annual management fee will be held as HYPE on the Bitwise balance sheet**
Grateful to investors for entrusting Bitwise with their assets.
Hyperliquid.
🚀🚀🚀
In Q1, @Bitwise announced our vault curation capability.
This week client assets / TVL crossed $500,000,000.
Excited to be doing more onchain.
onchain.bitwiseinvestments.c…
Alexandra Nadel retweeted
"Bitwise will be devoting 10% of the Bitwise Hyperliquid ETF ($BHYP) management fee to holding HYPE on the Bitwise balance sheet."
That's it. That's the tweet.
Hyperliquid
Hyperliquid was built different.
As in, 99% of the blockchain’s revenue is used to buy and burn HYPE. It's a community-first model based on this idea: If the protocol succeeds, the community succeeds.
In that spirit, we’re pleased to announce that Bitwise will be devoting 10% of the Bitwise Hyperliquid ETF ($BHYP) management fee to holding HYPE on the Bitwise balance sheet.*
The Hyperliquid community has known from Day One that, if Hyperliquid becomes one of the most powerful and disruptive forces in finance, those who hold HYPE should play a big part in that.
We’re holding HYPE.
