Brief
Crypto index and ETF provider. One of the largest institutional on-ramps for diversified digital asset exposure. May 2026: takes over USCC, the firm's first tokenized fund. Built on Superstate's FundOS. Transitions from Superstate's management June 1, 2026 and rebrands to Bitwise Crypto Carry Fund.
Recent activity
Latest moves on the changelog feed.
- May 7, 2026WIRED
Bitwise → Superstate. Bitwise's inaugural tokenized fund (USCC) lands on Superstate's FundOS. $267M+ AUM Crypto Carry Fund transitions from Superstate's management to Bitwise on June 1, 2026 (becomes Bitwise Crypto Carry Fund). Same ticker, smart contracts, token address. Second external manager after Invesco took USTB. Superstate's pivot to infrastructure-only is set.
- Mar 29, 2026WIRED
Bitwise ↔ Morpho. BTC lending via Lombard Smart Accounts.
- Mar 29, 2026WIRED
Bitwise → Morpho. USDC vault curation.
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries, Equities, Private credit
- Regulatory
- sec-reg-d, sec-spot-etf
- Jurisdiction
- US
Milestones
How this player got here.
- May 2026Bitwise → Superstate. Inaugural tokenized fund (USCC). Takes over Crypto Carry Fund management June 1, 2026.
- Mar 2026Bitwise ↔ Morpho. BTC lending via Lombard Smart Accounts.
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.






