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

Bitwise cut about 14% of its workforce as firmwide client assets fell to $9 billion and BITW net assets dropped to $532.8 million in June.

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

Bitwise laid off 14% of staff as AUM crashed to $9B from $15B in under a year, after aggressively hiring post-Aug 2025. The contraction signals downturn-driven asset outflows and pressures product/team consolidation—a headwind for fintech scaling in crypto volatility.

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mercoledì 12 agosto 2026·theblock.co
Bitwise cuts 14% of staff as crypto layoffs mount during market downturn
Bitwise CEO Hunter Horsley told The Block that the crypto asset manager trimmed its global team to around 155 last week.
mercoledì 12 agosto 2026·news.bitcoin.com
Bitwise Cuts 14% of Staff as Its Own CIO Calls a Bitcoin Bottom
Bitwise Asset Management cut 14% of its staff to about 155 employees, even as CIO Matt Hougan says bitcoin is bottoming out.

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

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

Timeline cronologica

Bitwise cuts 14% of staff as crypto layoffs mount during market downturn

Bitwise Cuts 14% of Staff as Its Own CIO Calls a Bitcoin Bottom

Bitwise cuts 14% of staff as crypto layoffs mount during market downturn

Bitwise slashes 14% of workforce amid prolonged crypto winter

Bitwise Cuts 14% of Staff, But Still Expects Growth

Bitwise Cuts 14% of Staff as Its Own CIO Calls a Bitcoin Bottom

Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers - Decrypt

Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers - Decrypt

Bitwise slashes 14% of workforce amid prolonged crypto winter

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

Bitwise Cuts 14% of Staff, But Still Expects Growth