Bitwise’s chief investment officer Matt Hougan has hinted at his interest in an Ethereum DeFi ETP.
Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action.
“I’m somewhere between embarrassed and excited with the fact that Bitwise doesn’t have one, because I do think that would be a great product,” Matt HouganHougan said he has “extraordinary confidence” that the Ethereum ecosystem will evolve but said it’s still up in the air which layer 2s and applications will come out on top.
“So the best way to approach that would be to own them all, which would be a great product for what it’s worth.”Meanwhile, Hougan said he was concerned the market may not be ready for a spot Ethereum exchange-traded fund by May and hopes the United States securities regulator pushes back approval until December.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitwise CIO Matt Hougan Discusses Bitcoin ETF DemandBitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. Since launching on January 11, Bitcoin ETFs have experienced net inflows exceeding $11 billion, including a $1 billion inflow on Tuesday alone. Many of Hougan’s discussions have been with family offices and financial advisors, who are some of the primary drivers behind ETF demand. Major wirehouses and platforms are still plugging in to the new products and will finish the due diligence process within the next few months.
Read more »
Here’s Why Bitcoin ETF Flows Will Continue for Years, According to Bitwise CIOCrypto Blog
Read more »
Bitwise files for spot Ethereum ETF amid SEC approval uncertaintyAlthough the firm's CIO said it might be better if spot ether ETFs are approved later than May, Bitwise has officially applied for one anyway.
Read more »
XRP ETF is likely to get approved before Ethereum: Valkyrie Funds CIOEthereum (ETH) exchange-traded fund (ETF) anticipation among traders has increased in the past few weeks, but the consensus on social media platform X is that an Ether ETF is likely to get rejected by the US Securities & Exchange Commission (SEC).
Read more »
Ancient Ethereum ICO Participant Suddenly Wakes UpEthereum (ETH) ICO participant has transferred $6.7 million worth of Ethereum (ETH)
Read more »
DeFi Project Targets Multibillion-Dollar Market with Groundbreaking DeFi Debit Card LaunchCrypto Blog
Read more »