ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated that recent comments by U.S. Vice President Harris on cryptocurrency indicate that if regulators give the green light, investors will flood into the digital asset market.On Monday, Harris pledged to support a regulatory framework that protects Black investors and ownership of cryptocurrency. Hougan noted in a blog post that Harris's proposal coincided with a 5% rise in Bitcoin prices on Monday, with $555.8 million flowing into Bitcoin spot ETFs, the largest inflow since June 4.He added, "Regardless of what Harris actually said, the price movement that day tells me that there is a lot of capital on the sidelines waiting for the alarm to be lifted to enter the market."

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on X platform: "We need a stablecoin asset management scale to exceed $1 trillion by the end of 2026 for Polymarket."

ChainCatcher news, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated that an increasing number of top financial advisors are allocating cryptocurrency assets in their personal investment portfolios.At the Barron's Advisor 100 Summit held in Florida last week, Hougan mentioned that about 70% of advisors own Bitcoin or other cryptocurrency assets, while in the previous two years, this figure was only 10%-20%.Although many advisors' client accounts have not yet allocated Bitcoin, Hougan predicts that as advisors increase their personal allocations, client investments will follow closely behind, potentially seeing significant changes within 6 to 12 months. He believes this is an important signal of the financial industry's growing acceptance of cryptocurrency.

ChainCatcher news, according to CryptoPotato, Bitwise Chief Investment Officer Matt Hougan stated that a properly diversified BTC and ETH portfolio can yield greater returns and less downside volatility than simply investing in Bitcoin.Hougan presented three reasons why this might be a good idea. First is to diversify investments. Since predicting the future of cryptocurrencies is difficult, holding shares of both major assets simultaneously can provide investors with protection in case one of the assets falls out of favor or is outperformed by the other over time; second, the inherent differences between Bitcoin and Ethereum make it challenging to choose between the two, as Bitcoin's optimization goal is to become a "better currency," while Ethereum aims to be a "programmable currency" that can enable blockchain applications such as stablecoins and DeFi; finally, the historical performance of these two assets indicates that they work best when balanced within a portfolio.

ChainCatcher news, according to Bitwiseinvestments, Matt Hougan, Chief Investment Officer of digital asset management company Bitwise, recently stated that if the U.S. Congress passes comprehensive stablecoin legislation this year, its impact on promoting the widespread adoption of cryptocurrencies could surpass that of the launch of a U.S. spot Bitcoin ETF.On Wednesday, senior Democratic member of the House Financial Services Committee, Maxine Waters, indicated that she and committee chairman Patrick McHenry will soon introduce a stablecoin bill. Hougan believes that this important signal has been underestimated by the market. He pointed out that the bipartisan consensus in Congress on stablecoin legislation is primarily based on three factors: 1. Stablecoins help maintain the U.S. dollar's status as the global reserve currency; 2. Stablecoin projects are major buyers of U.S. Treasury bonds, comparable to the 16th largest sovereign holder globally; 3. Stablecoins contain enormous financial opportunities, as the largest stablecoin issuer, Tether, generated $6.3 billion in profit last year with just 125 employees.Hougan expects that as the first comprehensive cryptocurrency legislation passed by Congress, the bill will allow banks like JPMorgan to enter this field, and millions of individuals and businesses will have access to crypto wallets, stablecoins, and blockchain-based payment channels. The use of stablecoins for payments may become the norm in the coming years. Hougan described this as another "leap forward" for the cryptocurrency market following the Bitcoin ETF. Although investors cannot directly profit from the appreciation of stablecoins, they can invest in the related infrastructure, such as layer one blockchains like Ethereum and Solana that host a large supply of stablecoins, as well as various DeFi applications that interact with stablecoins.

ChainCatcher news, according to Forbes, the latest applicant for the Ethereum spot ETF, Bitwise, hopes that the U.S. SEC will delay its approval until December.Bitwise Chief Investment Officer Matt Hougan believes that the asset management industry is too focused on Bitcoin products to provide the necessary attention for the flourishing of Ethereum ETFs.It is reported that Bitwise's spot BTC ETF is currently ranked fifth in the Cointucky Derby, managing over $2 billion in assets.

ChainCatcher news, according to Cointelegraph, Bitwise Chief Investment Officer Matthew Hougan stated that as institutional investors gradually enter the crypto space, they could inject up to $1 trillion into Bitcoin through ETFs.Specifically, if global wealth managers allocate an average of 1% of their portfolios to Bitcoin, it would mean approximately $1 trillion flowing into the space.In a memo sent to investment professionals, Hougan discussed concerns about the volatility of Bitcoin's price. As Bitcoin rebounds between $60,000 and $70,000, he stated that the best approach is to "stay calm and think long-term."

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated on his social media: The surge in inflows for Bitcoin ETFs over the past two months is not a "one-time" event; demand will continue in the long term. Additionally, more financial advisors have indicated that they have allocated 3% of Bitcoin ETF assets for an increasing number of clients. Currently, most professional investors still cannot purchase Bitcoin ETFs. This situation will change over the next two years through a series of processes. In the first 7 years after the launch of gold ETFs, funds flowed in year after year, and the growth of Bitcoin ETFs will continue for several years.Moreover, over the past 6 years, due to high risk, most professional investors have set their Bitcoin investment allocation at 1%, while the recent launch of ETFs has reduced the downside risk of Bitcoin, and almost all investors who have spoken with him have mentioned allocations of over 3%.

ChainCatcher news, Bitwise's Chief Investment Officer Matt Hougan stated: "Since 2018, discussions with professional investors about Bitcoin have mostly centered around a 1% allocation, but now nearly every investor I've spoken to is discussing allocations of over 3%."Hougan pointed out that the newly launched U.S. spot Bitcoin exchange-traded fund (ETF) is the main reason for this change, as it reduces the downside risk of Bitcoin. If the possibility of "going to zero" is no longer present, then allocations of 3% or 5% start to seem more reasonable. While true institutional investors (such as pensions, endowments, etc.) will still focus on allocations below 1%, allocations above 3% have become a new trend for the wealth market. Hougan also mentioned that since the ETF launched over two months ago, the total amount of funds flowing into U.S. spot Bitcoin ETFs has reached approximately $11.7 billion, indicating a long-term sustained demand that is expected to continue for years.

ChainCatcher news, Bitwise Asset Management Chief Investment Officer (CIO) Matt Hougan stated in an interview with CNBC that the recent surge in Bitcoin and other cryptocurrencies aligns significantly with the rise in gold prices.Regarding the future of Bitcoin, Hougan is optimistic, predicting that new all-time highs will be reached within the next six months to a year, and expects investors to continue flocking to the market.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated on the X platform that ETFs have positive implications for both BTC and ETH, but the significance for BTC is greater for two reasons.First, the BTC ETF may be approved first and attract most of the potential funds, which is very important because many financial professionals do not understand the difference between BTC and ETH.Second, Bitcoin's current killer use case is as an alternative store of wealth outside of fiat currency, and ETFs can enhance that utility, while Ethereum's killer application is its functionality, which ETFs will not help with.