Cryptocurrency index fund manager Bitwise Asset Management has acquired Ethereum staking firm Attestant Limited, as locking up ETH for rewards continues to gain traction among holders. 

Bitwise aims to leverage its acquisition of the Ethereum staking firm—which handles $3.7 billion worth of staked ETH—to build out Bitwise OS, a new on-chain product suite for digital asset investors.

The suite will provide professional non-custodial staking services alongside hedge fund services and exchange-traded products, as the firm continues to focus on offering more staking-related products to its investors.

Terms of the acquisition were not disclosed. Bitwise said it is now responsible for over $10 billion worth of client assets with Attestant’s added tally.

“This acquisition allows us to expand the ways we can help investors meet their objectives,” Bitwise CEO Hunter Horsley said Wednesday in a statement.

Bitwise OS staking services will initially be available with a $10 million minimum stake requirement. Staking refers to the “lockin

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Author: Liz Napolitano