It’s not very often that a new asset class is born. But that’s exactly what we’re witnessing today with the rise of crypto.
Over just the last four years, crypto has evolved from an embryonic $50B market to a young-but-growing $1T+ market today. At Bitwise, we think it’s just getting started. In fact, we believe crypto has reached a turning point, and is headed north of $10T over the next few years. Along the way, we expect there to be risks, pitfalls, and uncertainty — much like there was during the rise of the Web, of cloud computing, and of apps. But we also expect there will be great opportunities, and millions of people wanting to participate in the potential upside.
Our goal at Bitwise is to help busy mainstream investors understand and access the opportunities emerging in the cryptocurrency asset class. We want all those who so desire to be able to come along for the ride in a secure and simple manner, and to be able to benefit from the role crypto exposure can play in pursuing their investment objectives.
Today is an exciting moment for Bitwise as a firm. We manage over $1B and are growing quickly, with the largest crypto index fund in the world (ticker: BITW), the first DeFi index fund, and a lot more coming. We focus on serving investment professionals — financial advisors, family offices, hedge funds, endowments, foundations, and others — the people entrusted to look after the capital and savings of individuals and institutions across the country. We provide education, partnership, and professionally-managed investment products tailored to this group’s needs, to help them build their view, pick their strategy, and get their exposure.
Currently, Bitwise is a close-knit team of 40+ professionals. Our backgrounds combine technology expertise with decades of experience in asset management and indexing, coming from firms including Facebook, Wealthfront, BlackRock, J.P. Morgan, and IndexIQ. We’re backed by some of the most accomplished investors in venture capital and veterans of the financial services world. We love working together, we love what we do, and we’re excited about what’s ahead.
We’re looking for an exceptional individual to join our team and take on important responsibilities to help Bitwise scale. Reporting to the President and working closely with the full executive team, this role will be a key contributor to the success of the entire firm. There will be a lot to learn, a huge impact to be had, and some lifelong relationships to be built along the way.
What You Will Do
Develop, implement, execute, and run Bitwise’s first actively managed strategy.Research new investment ideas, building investment thesis or models.Collaborate across Bitwise’s teams to access necessary resources and capabilities, and to share knowledge.Develop trading and execution strategy. Collaborate with existing index portfolio management team.Manage live portfolio risk daily to ensure the portfolio operates within defined risk limits.Interface with executive team about what you’re seeing in markets. Provide commentary.Participate in external and client facing meetings.Collaborate with executive team on additional hires.
Who You Are
A minimum of 10 years of industry experience and 5 years as a Portfolio Manager with a competitive track record in that role.Versatility across asset classes, and views on how you would approach the crypto space.Strong bottom-up fundamental approach to research.Appreciation of momentum, sentiment, technicals, and trading dynamics.Strong Investment philosophy and process supported by rigorous analysis.Intellectual curiosity and comfort taking risks.Self-awareness and self-confidence to be comfortable “being wrong”.Strong work ethic and attention to detail.Strong interpersonal and communication skills and experience in a collaborative, team-based, results-oriented environment.Experience interfacing with clients and prospects in an institutional environment.Comfort with learning the digital tools native to crypto.Demonstrated understanding of DeFi platforms and associated risks.Experience with yield farming, crypto-token economics, staking, and digital asset lending.Deep understanding of unique aspects of complications related to risk in the cryptocurrency industry.
If what we’re doing excites you, and the role looks like a fit, we’d love to hear from you and explore you joining as an early member of the Bitwise team.
Bitwise is an equal opportunity employer. It is the policy of Bitwise to ensure equal opportunity, all candidates are considered without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, marital status, ancestry, physical or mental disability, veteran status, or any other legally protected characteristics.