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Trade Ideas (1)
Date Ticker Price Dir Speaker Thesis Source
Feb 10 LONG Matt Hougan
CIO, Bitwise Asset Management
Hougan predicts a migration from single-asset exposure (holding just Bitcoin or Ethereum) to diversified index funds. As the asset class matures, crypto will follow the trajectory of equities and bonds, where the vast majority of capital sits in broad indexes (like the S&P 500) rather than individual stock picks. Investors will want to capture the whole market rather than guessing winners. Bitwise is seeing interest in their index fund (BITW) despite the broader market downturn. Continued correlation where all crypto assets fall together during bear markets. CNBC
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