<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-crypto-and-mainstream-media-bitwise.jpg" alt="Bitwise cuts 14% of staff while still expecting growth" class="type:primaryImage"></p><p>Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.</p>

Bitwise has reduced its workforce by 14% while maintaining an expectation for growth. This move aligns with a trend among crypto companies, including Coinbase and Robinhood, which have also announced staff cuts due to various factors such as market conditions and a shift towards AI.

Bitwise cuts 14% of staff while still expecting growth

The reduction matches the percentage shed by Coinbase in May, and follows shutdowns at BitMEX and BitMart.

Bitwise has reduced its workforce by 14%, a move that mirrors the layoffs at Coinbase in May and follows recent shutdowns at BitMEX and BitMart. This decision comes amid a continued slump in the cryptocurrency market affecting ETF issuers.

Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers

Bitwise Asset Management has cut 14% of its workforce, reducing its global team to about 155 employees as the crypto asset manager operates through a prolonged market downturn. According to recent media reporting Bitwise CEO Hunter Horsley confirmed the layoffs&#8230;

Bitwise Asset Management has reduced its workforce by 14%, bringing its total employees to approximately 155, amid a significant market downturn that has seen BITW assets decline by 31% in 2026. CEO Hunter Horsley confirmed the layoffs in recent media reports.

Bitwise cuts 14% of jobs as BITW assets fall 31% in 2026

Bitwise CEO Hunter Horsley told The Block that the crypto asset manager trimmed its global team to around 155 last week.

Bitwise CEO Hunter Horsley announced that the crypto asset manager reduced its global workforce by 14%, bringing the total number of employees to approximately 155. This decision comes amid a broader trend of layoffs in the cryptocurrency sector during the ongoing market downturn.

Bitwise cuts 14% of staff as crypto layoffs mount during market downturn

أعلنت شركة Bitwise Asset Management عن خفض بنسبة 14% في عدد موظفيها، مما أدى إلى تقليص إجمالي عدد الموظفين إلى حوالي 155. تعكس هذه الخطوة اتجاهًا أوسع لعمليات التسريح في قطاع العملات الرقمية، مدفوعة بتراجع كبير في السوق الذي شهد انخفاض أصول BITW بنسبة 31% في عام 2026. على الرغم من هذه التخفيضات، تظل Bitwise متفائلة بشأن النمو المستقبلي.

Bitwise Asset Management ha anunciado una reducción del 14% en su personal, llevando su total de empleados a aproximadamente 155. Esta decisión refleja una tendencia más amplia de despidos en el sector de las criptomonedas, impulsada por una fuerte caída del mercado que ha visto caer los activos de BITW en un 31% en 2026. A pesar de los recortes, Bitwise sigue siendo optimista sobre el crecimiento futuro.

Bitwise Asset Management a annoncé une réduction de 14 % de son personnel, portant son effectif total à environ 155 employés. Cette décision reflète une tendance plus large de licenciements dans le secteur des cryptomonnaies, provoquée par un fort ralentissement du marché qui a vu les actifs BITW chuter de 31 % en 2026. Malgré ces réductions, Bitwise reste optimiste quant à la croissance future.