<div id="readability-page-1"><div>Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services.The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors.Chorus One provides staking services for decentralized networks and currently has $2.2 billion in assets staked, according to its website.The financial terms of the deal were not disclosed, Bloomberg reported on Wednesday, citing statements from both companies.Cointelegraph reached out to Bitwise and Chorus One for comment, but had not received a response by publication.Related: 21Shares launches first Jito staked Solana ETP in EuropeEthereum staking demand surges as validator queue swellsEthereum validator queue data shows a surge in demand to stake Ether . The entry queue has swelled to more than 4 million ETH, translating into a wait time of over 70 days.Almost 37 million ETH, or just over 30% of total supply, is now staked, with close to 1 million active validators securing the network. This suggests that more holders are choosing to lock up ETH despite long delays. <figure></figure>The rising interest in staking has pushed other major asset managers to integrate yield into regulated crypto products. Morgan Stanley filed to launch a spot Ether exchange-traded fund (ETF) that would stake part of its holdings to generate passive returns. Grayscale is also preparing to distribute staking rewards from its Ethereum Trust ETF, the first payout tied to onchain staking by a US-listed spot crypto exchange-traded product.Related: Crypto VC activity hits $4.6B in Q3, second-best quarter since FTX collapseCrypto M&amp;A hits recordBitwise’s deal also follows a surge in the crypto industry’s mergers and acquisitions in 2025, reaching $8.6 billion across a record 133 transactions by November, surpassing the combined total of the previous four years. Coinbase led the wave, closing six acquisitions, including the $2.9 billion purchase of crypto derivatives exchange Deribit.Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’</div></div>

Bitwise Asset Management is acquiring Chorus One, a major institutional staking provider, to enhance its cryptocurrency yield services. Chorus One currently manages $2.2 billion in staked assets. The deal's financial terms remain undisclosed. This acquisition aligns with the growing demand for onchain yield products among investors. The crypto industry has seen a surge in mergers and acquisitions, with 2025 recording $8.6 billion in transactions, surpassing previous years. Major asset managers are increasingly integrating yield into regulated crypto products, reflecting rising interest in staking.

- Bitwise Asset Management is acquiring institutional staking provider Chorus One to enhance its cryptocurrency yield services amid rising demand.  
- Chorus One currently manages $2.2 billion in assets staked and offers services for decentralized networks, although financial terms of the acquisition remain undisclosed.  
- The interest in staking has prompted major asset managers to integrate yield into their offerings, with Ethereum’s validator queue swelling, indicating increased participation from holders despite extended wait times.

Cointelegraph

Global X Blockchain ETF

NEOS Bitcoin High Income ETF

Coinbase

Franklin Ethereum ETF

Grayscale Bitcoin Trust BTC - ETF

Grayscale Solana Staking ETF

Invesco Galaxy Bitcoin ETF

Galaxy Digital

YieldMax COIN Option Income Strategy ETF

21Shares Ethereum ETF

YieldMax CryptoIndustry&TechPtfOptIncETF

WisdomTree Bitcoin Fund

Grayscale Litecoin Trust (LTC)

Mara

iShares Bitcoin Trust ETF

GraniteShares 2x Long MARA Daily ETF

GraniteShares YieldBOOST Bitcoin ETF

Riot Platforms

CleanSpark

Leverage Shares 2X Long COIN Daily ETF

Grayscale Ethereum Staking ETF

Defiance Daily Target 2X Long RIOT ETF

CoinShares Bitcoin ETF

ProShares Bitcoin Strategy ETF

NEOS Ethereum High Income ETF

ARK 21Shares Bitcoin ETF

GraniteShares 2x Long COIN Daily ETF

Hut 8 Mining

Valkyrie Bitcoin and Ether Strategy ETF

Bitwise MARA Option Income Strategy ETF

IShares Ethereum Trust ETF

Bitdeer Tech

Proshares Ether Strategy ETF

Bitwise 10 Crypto

Bitwise Bitcoin ETF

Bit Digital

Bitwise to acquire crypto staking company Chorus One: Report