Bitwise Brings Crypto Model Portfolios to Retail Investors

Bitwise Asset Management has partnered with Parrot Finance to bring its crypto model portfolios to retail investors through an automated software interface. This move is part of a broader trend in the financial industry, where model portfolios are becoming increasingly popular among both professionals and individuals.

The partnership allows Parrot's clients to access portfolios built around broad crypto exposure, thematic strategies, systematic monitoring, and rebalancing. Bitwise had previously launched its model portfolio strategy for financial professionals earlier this year.

Parrot's app describes itself as an SEC-registered RIA, offering institutional portfolios and a subscription-based fee. The partnership marks a significant shift in the way crypto exposure is being packaged and presented to individual investors.