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# Bitwise takes the reins of a tokenized carry fund
- URL: https://www.cryptoincome.club/bitwise-takes-the-reins-of-a-tokenized-carry-fund/
- Published: 2026-10-02T18:15:20.000Z
- Updated: 2026-10-02T18:15:20.000Z
- Description: The transition brings a crypto carry strategy under the asset manager’s control.
- Author: Santosh Srinivas
- Tags: Real-world assets, Edition 001

**Source: Cointelegraph · JUN 1, 2026 · REPORTED NEWS**

Bitwise took over management of USCC, a tokenized crypto carry fund previously managed by Superstate. The June report describes a strategy built around spot holdings and futures premiums, with access limited to eligible qualified purchasers.

## The income angle

A carry strategy targets the gap between markets; it is not the same as holding Treasury bills or receiving staking rewards. Funding conditions, counterparties and execution can affect the result. The reported fund size is a historical snapshot, rather than current assets under management.

[Read the original source →](https://cointelegraph.com/news/bitwise-takes-over-259m-tokenized-crypto-carry-fund-from-superstate?ref=cryptoincome.club)

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*Original CryptoIncome.club summary, curated 2 October 2026\. This article describes the source at its stated date; it does not confirm current availability, rates or eligibility.*