Illustration: Rebecca Zisser / Axios
Bitwise, which debuted the first private index fund for the top 10 digital tokens last year, is adding three more indices and an API for third parties to access its data. It also will open private funds corresponding to the new indices in the coming months.
Why it matters: Bitwise is part of a wave of companies aiming to make crypto-assets more accessible to mainstream and institutional investors, especially in dealing with market volatility.
Illustration: Sarah Grillo/Axios
Joe Biden made health care the overwhelming focus of his remarks from Wilmington, Delaware, on Sunday, stressing that the Senate confirmation battle over Judge Amy Coney Barrett's nomination to the Supreme Court is about preserving the Affordable Care Act in the midst of a pandemic.
Why it matters: Democrats are aggressively pushing the message that Barrett, who has previously criticized Chief Justice John Roberts for his 2012 ruling salvaging the ACA, will seek to invalidate the law when the Supreme Court hears a Trump administration-backed lawsuit against it on Nov. 10.
President Trump's refusal to commit to a peaceful transfer of power if he loses November's presidential election is a "gift to our adversaries," Trump's former national security adviser H.R. McMaster said Sunday.
The big picture: McMaster, a retired three-star general, said that the American people must understand that the military will have "no role" in a presidential transition and that it's "irresponsible" to even talk about it as a possibility.