Rishi

Data | Tech | Product

[Rishi @sid_ris]

Let us discuss thoughts,
Let me pick your brain,
Who's to say you are mad,
Who's to say I am sane!!
#4Liners #ShortPoems #EVERYDAY

[Rishi @sid_ris]

@MostlyData_ @SolanaFndn Congratulations @MostlyData_. A win for the Foundation!

[Rishi @sid_ris]

@HyperliquidX Data: @Kairos_Res @SoSoValueCrypto @FarsideUK @coingecko

Funds: @bitwise @21Shares_US @Grayscale

[Rishi @sid_ris]

A crypto token that earns ~$1.3B a year and spends almost all of it buying itself back.

Real numbers, not a pitch. @HyperliquidX HYPE doubled while Bitcoin fell 20%.

Most people read it as a pump. I think it's a preview

https://t.co/928haqhzCF

[Rishi @sid_ris]

Fatherhood:

Watching your child grow
Is an incredible relief
And an incredible heartbreak
At the same time

[Narendra Modi @narendramodi]

Massive hike in #petrol prices is a prime example of the failure of Congress-led UPA. This will put a burden of hundreds of crores on Guj.

[Hunter Horsley @HHorsley]

Volume on the Bitwise Hyperliquid ETF $BHYP over $30M already today.

That’s more than almost any other crypto ETF, across different crypto assets.

Remarkable to see investor interest.

[Hunter Horsley @HHorsley]

In Q1, @Bitwise announced our vault curation capability.

This week client assets / TVL crossed $500,000,000.

Excited to be doing more onchain.

https://t.co/CW4InvG9VY

[Hunter Horsley @HHorsley]

Hyperliquid: an avid community, a brilliant team, a transformative use case, a ton of revenue and volume.

It’s the type of innovation people have hoped would be possible in crypto.

And 2 years in, it’s just getting started.

You can now get exposure to what’s being built through the new Bitwise Hyperliquid ETF: $BHYP

Check it out —

[Rishi @sid_ris]

Open door policy at an Industry Level! There is a lot to build in Crypto. The game is afoot!

[Hunter Horsley @HHorsley]

Dear big tech employee —

You’re worried about the future. Will you be needed? Can you contribute to building enduring things?

You’re smart, pragmatic. That’s how you got where you are. That’s why you sense the future has changed.

My challenge to you: why aren’t you working in crypto?

You say you’re not passionate about it. But passion isn’t how you made your last 2 job choices.

You say it’s messy, unprofessional, filled with scams. But you know that those are problems — and that problems, and flawed competition, is what creates the opportunity.

Big tech is moving on from needing you, and will be celebrating laying off talent. Fine.

But crypto needs you. We need talented, professional, pragmatic people. There are problems, there are major areas lacking: come solve it, help build it. That’s the opportunity.

Building productivity tools is meaningful. Building social experiences is too.

Here in crypto we’re working on ideas about financial freedom, access to opportunity, cutting out middle men, bringing finance online. The headlines are often shallow. But the dreams here are worth pursuing.

Crypto is not one thing of course. Many dreams, and projects may not be right for you. But there’s probably something here you’d resonate with if it was just done better.

So come look around. Help us do something better. It may not be obvious, just as joining OpenAI several years ago wasn’t obvious at the time — but the onchain future is worthwhile, and will be all the more important in a world of AI.

Give it a chance. Join us on a new frontier.

[Hunter Horsley @HHorsley]

crypto is no longer one industry —

it's at least 4:
1. stablecoins + payments
2. Bitcoin, crypto asset class
3. tokenization + onchain financial services (defi)
4. blockchain infrastructure

they are of course inter-related. but increasingly divergent in context

which is part of the mixed vibe right now

[Rishi @sid_ris]

@iam_preethi Can you give recipes to these? E.g. how do you create the Meat puree

[Hunter Horsley @HHorsley]

Bitwise's derivatives portfolio management team manages custom SMAs to generate yield for large holders of spot assets.

Delighted to be working for the Nakamoto team.

[Hunter Horsley @HHorsley]

Happening now:

Hear @Matt_Hougan @Scaramucci share their takes on @avax and the latest!

https://t.co/Z9CRF1WIGS

[Hunter Horsley @HHorsley]

Crypto presents an evolving range of opportunities —

Buying crypto assets, opportunities for alpha, yield through DeFi, staking yield, etc.

Bitwise's job is to help investors access the opportunities right for them. To simplify the complexity and be a decades long reliable partner in doing so.

Incredibly excited about the onchain solutions we're now providing —

[Hunter Horsley @HHorsley]

Bitwise Onchain Solutions now has a website

Staking & Vaults

Check it out: https://t.co/CW4InvG9VY

[Hunter Horsley @HHorsley]

Thrilled to launch the Bitwise Avalanche ETF, $BAVA!

BAVA provides exposure to one of the most widely used blockchains, and seeks to maximize Avalanche’s 5.4% staking reward rate.

Take a look —

[Hunter Horsley @HHorsley]

~$10,000,000 inflow into $BAVA today.

Grateful to investors for entrusting Bitwise to steward their assets in this space.

Onward —

[Hunter Horsley @HHorsley]

Bitwise onchain solutions —

Now operates validators for @CantonNetwork.

[Rishi @sid_ris]

The Hype is real

@Bitwise

[Bitwise in Europe @Bitwise_Europe]

We're pleased to announce that the Bitwise Hyperliquid Staking ETP is now trading on Deutsche Börse Xetra.

BHYP is the seventh product in Bitwise's European Staking ETP suite, joining our existing range of exchange-traded products referencing BTC, ETH, SOL, NEAR and other digital assets.

@BradleyDuke_, Managing Director and Head of Europe at Bitwise, said: “The Bitwise Hyperliquid Staking ETP is a timely addition to our growing suite of European staking ETPs. Hyperliquid has emerged as a notable on-chain trading venue, particularly in derivatives, combining high performance with transparency. Its fully on-chain order book and execution model shows clear innovation when compared to both tradfi exchanges and crypto platforms. We are pleased to add HYPE to our suite of ETPs.”

[Haseeb ＞|＜ @hosseeb]

This is wild. Google Research demonstrates a ~20x more efficient implementation of Shor's algorithm that could break ECDSA keys within minutes with ~500K physical qubits.

Google is now are more confident on a 2029 post-quantum transition. We are no longer looking at mid 2030s, we could have quantum computers of this scale by the end of the decade.

They believe this result is so severe that they are not publishing the actual circuits. They instead published a ZKP proving that they know of the quantum circuit with these properties. This is very atypical, showing Google thinks this is serious shit.

All blockchains need a transition plan ASAP. Post-quantum is no longer a drill.