Bitwise CIO Matt Hougan says that institutions are making their way over to crypto markets as the count of corporate holders of Bitcoin (BTC) exchange-traded funds (ETFs) grows. Hougan says on the social media platform X that “the institutions are still coming”, and he counts 1,924 holders of ETF pairs across all 10 of the […]
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Bitwise’s Matt Hougan says that the recent crypto market correction is reminiscent of March 2020 – a big opportunity for bulls. Hougan says on the social media platform X that the Covid-induced crash of March 2020 “supercharged” the reasons for Bitcoin’s long-term rise, while its short-term price was decimated. “It showed us that central banks […]
The post ‘The Printer Cometh’ – Bitwise CIO Matt Hougan Says He’s Betting on Crypto Reversal After Market Crash appeared first on The Daily Hodl.
The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market crash on March 12, 2020, when the Covid-19 pandemic caused global panic. “People smash the sell button for liquid assets during broad-based panics. But from my seat, today’s events play into the long-term story for […]
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative initiatives, as indicators of a potential market shift and significant upside for bitcoin investors. Bitwise CIO Matt […]
The chief investment officer (CIO) of Bitwise Asset Management Matt Hougan is saying that there’s “big money” coming into the crypto space. In a new interview on the Wolf of All Streets channel, Hougan says that spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) are likely to register massive inflows over the coming months. […]
The post Trillions of Dollars To Flood Into Crypto Over the Coming Months, Says Bitwise CIO Matt Hougan – Here’s Why appeared first on The Daily Hodl.
Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step, given it felt more like a “daydream” a year ago.
After hearing several influential United States politicians embrace Bitcoin at the recent Bitcoin 2024 conference in Nashville, Tennessee, Bitwise’s chief investment officer Matt Hougan says he left with one big takeaway: “We’re not bullish enough.”
In a July 31 post, Hougan said several recent promises made by these US politicians have prompted him to “rethink what’s possible” with Bitcoin (BTC).
Among those promises were Republican Party candidate and former President Donald Trump’s plan to build a strategic national Bitcoin stockpile, Wyoming Senator Cynthia Lummis’ announcement of a Bitcoin reserve bill to clean up the country’s $35 trillion debt crisis and independent presidential candidate Robert F. Kennedy Jr.’s promise to make the US Treasury buy 500 Bitcoin per day until at least 4 million Bitcoin is reached.
The chief investment officer of crypto asset management firm Bitwise says a sea-change in crypto has taken place, increasing the likelihood of upside moves. In a new blog post, Bitwise CIO Matt Hougan says the digital industry is “not bullish enough” as blue-chip and government interest in digital assets ramps up. According to Hougan, the […]
The post Bitwise CIO Matt Hougan Says ‘We’re Not Bullish Enough’ on Crypto Amid Massive Industry Sentiment Shift appeared first on The Daily Hodl.
BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say.
The United States Securities and Exchange Commission has reportedly given “preliminary approval” to at least three asset managers for their spot Ether exchange-traded funds — adding fuel to speculation that the ETFs will begin trading as early as next Tuesday.
SEC approval is now only contingent on applicants submitting final offering documents to the regulator before the end of this week, “three industry sources” told Reuters in a July 15 report.
Those applicants included BlackRock, Franklin Templeton and VanEck, the sources said.
The chief investment officer (CIO) of Bitwise Asset Management, Matt Hougan, expects spot Ethereum (ETH) exchange-traded funds (ETFs) to draw in billions of dollars in inflows within months of getting approved by the U.S. Securities and Exchange Commission (SEC). In a new memo to investors, Hougan says he’s anticipating at least $15 billion in net […]
The post Bitwise CIO Says Spot Ethereum ETFs To Attract $15,000,000,000 in First 18 Months – Here’s Why appeared first on The Daily Hodl.
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than bitcoin, and historical analysis. Bitwise CIO Presents Three Reasons to […]