Bitwise Just Took $1.8 Billion in a Bear Market, Tom Lee Noticed

Bitwise Asset Management took in more than $1.8 billion of new money in the first half of 2026, chief executive Hunter Horsley said Sunday. Crypto prices fell through most of it.

Tom Lee called the result outstanding. However, the money did not chase prices, as three of the four Bitwise product lines behind that total pay investors an income instead.

Why Lee Called It Outstanding

Horsley posted the figure on Sunday. Net inflows measure new money in, minus money pulled out.

In H1 of this year, amidst a bear market, investors put over $1,800,000,000 into Bitwise products ("net inflows")," the Bitwise executive shared.

Tom Lee, co-founder and head of research at Fundstrat Global Advisors, commented, lauding the team for growing significantly despite bearing market conditions.

Lee has stayed bullish through the slump. He ranked 17 crypto stocks earlier this week. Bitcoin (BTC) traded near $77,403 on Sunday, little changed.

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