According to online reports, Bitwise CEO Hunter Horsley posted on social media X: "White House AI and Cryptocurrency Directors David Sacks and Craft invested in Bitwise's seed round in 2017. More than two months ago, David told me that they had to withdraw Bitwise. We worked with David and the Craft team to coordinate and complete the sale of David's Bitwise10 stake and Craft's stake in our company. They don't want to sell-they are early believers in Bitwise and our mission. But David is doing public service and putting the country first. Under the leadership of a talented and well-informed leader like David, I have never been more optimistic about U.S. cryptocurrency."