California-based Bitwise Asset Management on Wednesday announced the launch of two new crypto funds, a move that could put the firm up against one of the largest investors in the market for digital currencies. The two funds, The Bitwise Bitcoin ($BTC) Fund and the Bitwise Ethereum ($ETH) Fund, joined the asset managerβs crypto basket Bitwise 10 Private Index Fund. Bitwise says its clients have been clamoring for crypto-specific funds to invest in despite the bear market.