The $259 million tokenized fund seeks to generate yield through market-neutral basis-trade strategies.

SAN FRANCISCO and NEW YORK, June 1, 2026 /PRNewswire/ — Bitwise Asset Management, the global crypto asset manager with $11 billion in client assets (as of April 1, 2025), and Superstate, a leading financial technology firm reshaping capital market infrastructure, today announced the completion of the transition of investment management of the Superstate Crypto Carry Fund (USCC) to Bitwise. Bitwise is now the investment manager of the fund, which has been renamed the Bitwise Crypto Carry Fund.

USCC is a tokenized fund available to qualified purchasers that seeks to…