Teddy Fusaro

President @Bitwise Asset Management. Bitcoin, Markets, Crypto, ETFs, startups, cured meats, pastries.

[Teddy Fusaro @teddyfuse]

Starting to get some questions rolling in on $BSOL now that it was the

-no. 1 ETF launch of 2025 by d1 volume &
-no. 1 crypto ETF in America by flows last week

Feel free to @ me here & i'll do my best to get u if u have Q's.

A few common ones here 🧵

[Bitwise @Bitwise]

Hyped for the BHYP socks – get your pair.

How to enter (today only):
1. Follow @Bitwise
2. Comment below your favorite thing about Hyperliquid

[Superstate @SuperstateInc]

USCC is now the @Bitwise Crypto Carry Fund.

Bitwise manages the strategy. Superstate powers the rails.

$260M+ in assets. 100+ institutional investors. $120M+ used as onchain collateral.

Superstate FundOS is bringing asset management onchain.

[Teddy Fusaro @teddyfuse]

Bitwise Investment Manager and its affiliates (collectively, “Bitwise”) are providing this information to qualified investors for informational purposes only in relation to a potential opportunity to subscribe for shares (“Shares”) in the Bitwise Crypto Carry Fund (the “Fund”). This is neither an offer to sell nor a solicitation for an offer to buy Shares in the Fund. Any offer to sell or solicitation of an offer to buy Shares will be made solely through the Fund’s definitive offering documents, identified as such, with respect to the Fund in compliance with the terms of all applicable securities and other laws.

Certain of the Bitwise investment products may be subject to the extreme risks associated with investing in crypto assets. Because crypto assets are a new technological innovation with a limited history, future regulatory actions or policies may limit the ability to sell, exchange or use a crypto asset. Crypto assets may decline in popularity, acceptance or use, which may impact their price.

There is no guarantee or assurance that an investor’s investment objectives will be met through an investment into any Bitwise investment product, and an investor may lose all or a portion of the investment. Investors into any Bitwise investment product should be willing to accept a high degree of volatility in the price of the investment product and the possibility of significant losses. Any investment in any Bitwise investment product involves a substantial degree of risk.

The Shares will be offered and sold under the exemption provided by Section 4(a)(2) of the Securities Act of 1933 and Rule 506 of Regulation D promulgated thereunder and other exemptions of similar import in the laws of the states and jurisdictions where the offering will be made. The Shares are not registered under the Securities Act of 1933 (the “Securities Act”), the Investment Company Act of 1940 (the “Investment Company Act”), or any state securities commission or any other regulatory body.

There is no guarantee that any Fund will meet its investment objective.

[Teddy Fusaro @teddyfuse]

Today Bitwise takes the reins of $USCC the Bitwise Crypto Carry Fund.

Our first fully tokenized fund.

Big thanks to Superstate, who launched the fund & continue to power it thru FundOS.

Thrilled to carry it forward and expand yield options for onchain investors.

[Bitwise @Bitwise]

Introducing the Bitwise Crypto Carry Fund (USCC)—a $259 million tokenized fund* built to provide yield through a market-neutral “crypto basis” strategy. Current annual yield: 4%. Powered by Superstate FundOS. Available to qualified purchasers.

More color on USCC:

- Runs a market-neutral basis-trade strategy: Holds crypto assets like BTC, ETH, SOL, and XRP and sells those assets’ futures contracts to generate yield from the difference
- Tokens accepted as collateral in major DeFi markets including Aave, Kamino, and Morpho—gives investors ability to borrow stablecoins against positions
- Originally created by @SuperstateInc in 2024. Today Bitwise takes over investment management of the fund; Superstate will continue to run its onchain infrastructure.
- Bitwise’s first-ever tokenized fund

USCC couples Superstate’s best-in-class infrastructure with Bitwise’s long track record in crypto asset management. Thrilled to partner with a true onchain pioneer to continue expanding access to the full range of opportunities in crypto.

Interested? Send us a message here or go to https://t.co/Ov8wMFWRcz

*As of June 1, 2026

[Teddy Fusaro @teddyfuse]

@ckurdziel So good!

[Teddy Fusaro @teddyfuse]

This Ice Cream stand in Newtown, CT was voted best in the US earlier this year.

Ferriss Acres Farm Creamery

[Teddy Fusaro @teddyfuse]

@alex_barry22 Oh man. You know it?!

[Teddy Fusaro @teddyfuse]

@aceddeca1 Yes, big nostalgia energy at a place like this

[Teddy Fusaro @teddyfuse]

“Before an explanation emerged, residents in the greater Boston area and Rhode Island had taken to social media to entertain a range of potential causes, including a nuclear attack or even an alien invasion.”

So much greater Boston area and RI town by town speculation.

[The New York Times @nytimes]

A sudden, thundering boom reverberated in the Boston area on Saturday. The authorities were investigating the cause, but some officials suggested that it could have been a meteorite. https://t.co/gTmTp34O4w

[Teddy Fusaro @teddyfuse]

Pope Leo is en fuego

[Pope Leo XIV @Pontifex]

Deep inner suffering inevitably arises when the human person is reduced to performance, consumption, or a statistical datum. Many young people today live under the yoke of expectations to perform, immersed in an exasperated competitiveness that generates anxiety, fear of not measuring up, and disorientation.

[Teddy Fusaro @teddyfuse]

"The crypto industry is so, so lucky to have @Matt_Hougan"

Truth

[Eric Balchunas @EricBalchunas]

Listened to this pod on my run this morning. Superb explainer of hyperliquid and why it's Hansel-level hot rn. I didn't realize 99% of fees earned goes towards buying back the token. Smart. And I'll say it again: the crypto industry is so, so lucky to have @Matt_Hougan. Great q's from @NateGeraci as well.

[Teddy Fusaro @teddyfuse]

@sammcingvale Let’s go!!

[Teddy Fusaro @teddyfuse]

One of the great pleasures of returning to America

[Teddy Fusaro @teddyfuse]

@dgt10011 @AdrianUberto @kevinyb @anjan_vinod awesome. Congrats Jeff & team!

[Teddy Fusaro @teddyfuse]

@ppmcghee this is such pure gold

[Hunter Horsley @HHorsley]

~$31,000,000 of Bitwise Solana Staking ETF $BSOL volume traded today.

~$16,000,000 of Bitwise Hyperliquid ETF $BHYP traded today.

Both greater than most other crypto ETFs.

Revenue chains punching above their weight.

[Teddy Fusaro @teddyfuse]

@KJP @timrouth RI is as New England as it gets

[Teddy Fusaro @teddyfuse]

Dario’s first move after reading the Pope’s encyclical

[zoomer @zoomerfied]

[ ZOOMER ]

ANTHROPIC TO MAKE MYTHOS PUBLIC IN A FEW WEEKS

[Teddy Fusaro @teddyfuse]

@RickyMcR1212 straight into the Thames

[Teddy Fusaro @teddyfuse]

Standard issue London 🇬🇧 iced coffee here:

-Meager amount of ice
-Paper straw (very papery)
-Watery
-Small

[Teddy Fusaro @teddyfuse]

It’s amazing how deep and liquid the Bitcoin market has become.

[Eric Balchunas @EricBalchunas]

$IBIT saw its second worst day of outflows yest with $528m amid a 'step back' phase (likely from the block trade Tue). But bf you freak out or spike football (depending on which team you on) IBIT still +$2b YTD (top 2%) and $64b lifetime in flows. So this was less than 1% of that