Bitwise

Bitwise Asset Management has registered a trust entity in Delaware, potentially signaling plans to file for a spot XRP ETF despite existing regulatory hurdles with the SEC. Bitwise Registers Trust Entity Bitwise Asset Management has taken a significant step toward launching a spot XRP exchange-traded fund (ETF) by registering a trust entity in Delaware. This move, confirmed by the company’s CEO Matthew Hougan, has garnered attention as it could signal the company’s intent to file for an XRP ETF in…

Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC). At press time, the trading pair is exchanging hands at 0.038, its lowest level in three years. Compared to some of the…

Despite the muted performance of Bitcoin in recent months, the 13-F filings for the spot exchange-traded funds (ETFs) paint a bullish picture for the BTC price. Bitwise Chief Investment Officer (CIO) Matt Hougan has shared a recap of the three most interesting takeaways from the Q2 filings via X. His findings underscore a growing and sustained institutional interest in Bitcoin, pointing towards an bullish outlook. #1 Increased Institutional Bitcoin Adoption Hougan highlights an impressive rise in institutional engagement with Bitcoin…

In the aftermath of a tumultuous week that saw Bitcoin (BTC) plummet to a seven-month low of $49,000 on Monday, global financial markets were rattled by a significant downturn, sparking concerns across stock exchanges and the crypto sphere.  However, amid the chaos, Bitwise’s Chief Investment Officer Matt Hougan analyzed the drivers behind the recent market meltdown. He explained why he believes traders’ fears may be misplaced and that the market dip holds key opportunities for potential Bitcoin price appreciation. Crypto Crash…

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted massive political attention and could influence the future trajectory of Bitcoin heavily. Why You Are Not Bullish Enough On Bitcoin The conference featured a number of groundbreaking statements from high-profile political figures. First and foremost, GOP’s presidential candidate Donald…

As the highly anticipated launch date of spot Ethereum ETFs approaches, Matt Hougan, Chief Investment Officer of crypto asset manager Bitwise, has stressed the potential for these ETF inflows to drive the Ethereum price to record highs.  In a recent client note, Hougan highlighted the significant impact that ETF flows could have on the Ethereum price, surpassing even the effects witnessed in the spot Bitcoin ETF market in the US.  Ethereum ETFs Poised To Surpass Bitcoin’s Impact?  Hougan confidently predicts…

Bitwise CIO Matt Hougan told CNBC that he expects Bitcoin ETFs to continue exploding in 2025, noting that gold ETFs doubled their assets under management in the second year. Hougan also expects Ethereum ETFs to launch soon and to clinch at least a third of what Bitcoin ETFs have accumulated, based on their market cap, which would amount to over $15 billion. Bitcoin ETFs have had an explosive debut, hitting $50 billion in assets under management just six months after…

The few issues between the US SEC and the spot Ethereum ETF issuers as depicted in the S-1 update fillings are an indication of imminent listing ahead. The Ethereum network has grown to a major supporter of the global web3 ecosystem, thus attracting more institutional and retail investors. In a recent interview, Katherine Dowling, the Chief Compliance Officer of Bitwise, reiterated her confidence in the inevitable listing of several spot Ethereum (ETH) exchange-traded funds (ETFs) this summer. Dowling noted that…

The post $15 Billion Into Ethereum? Bitwise CIO Explains Two Reasons for Bold Prediction appeared first on Coinpedia Fintech News Analyst Scott Melkar took to his latest video and said that the market is dipping due to the summer slowdown, but major positive changes are ahead for the crypto industry. One key development is the launch of the Ethereum spot ETF. Bitwise CIO Matt Hougan, who joined Melkar for a conversation,  predicts that these ETFs could attract up to $15…