Crypto wants the CLARITY Act to go through, says Bitwise’s Matt Hougan

Summary

Bitwise CIO Matt Hougan discusses the expected White House crypto meeting and the stalled CLARITY Act. He views the meeting as positive for bitcoin and sees tokenization as a major theme that could expand the addressable market for DeFi apps into equities and bonds. He highlights Uniswap, Hyperliquid, Chainlink, and Bitwise Hyperliquid and Solana ETFs as winners.

• President Trump is expected to meet top crypto executives at the White House this week.
• The CLARITY Act remains stuck in the Senate with Polymarket odds near 20%.
• Hougan infers from the attendee list that tokenization will be a main topic.
• He says the meeting is broadly positive for bitcoin as continued administration support for crypto.
• DeFi apps such as Uniswap, Hyperliquid, and Chainlink could see their total addressable market expand from crypto to equities and bonds.
• Bitwise Hyperliquid ETF and Bitwise Solana ETF are cited as ETF winners, with Solana benefiting from tokenized stock trading.
• If CLARITY Act passes it could create a new market in crypto; if not, SEC and CFTC continue pushing crypto forward.