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The DefiantAug 12, 2026, 3:31 PM

Bitwise Cuts 14% of Staff as Client Assets Fall to $9 Billion

Bitwise Asset Management has cut about 14% of its workforce, reducing headcount to roughly 155 from around 180 as the crypto-focused manager contends with a sharp retreat in assets. Bloomberg reported that Bitwise confirmed the reduction in an emailed statement. The reported totals amount to... Read the full story at The Defiant