Hedge fund manager Loeb and Druckenmiller back Bitwise in USD70m funding round Submitted 17/06/2021 - 8:07am Bitwise Asset Management, one of the world’s largest cryptocurrency index fund managers, has raised USD70 million in a Series B funding round led by Elad Gil and Electric Capital. New backers include Daniel Loeb’s Third Point LLC, alongside individual investors Henry Kravis, and Stanley Druckenmiller. Read the full story at Private Equity Wire…   Like this article? Sign up to our free newsletter Author Profile Tags Deals & Transactions Finance & Insurance Investments Digital Assets.