Crypto News

Why Matt Hougan is Bullish on Ethereum ETFs The Growing Popularity of Crypto ETPs The launch of the first spot Ethereum ETF in the US could bring in a massive inflow of $15 billion within just 18 months, according to Matt Hougan, the Chief Investment Officer at Bitwise Asset Management. This prediction is based on the success of similar products in international markets and the growing popularity of crypto exchange-traded products (ETPs). The Relative Market Sizes of Bitcoin and Ethereum Hougan's bullish outlook on Ethereum ETFs is also influenced by the relative market sizes of Bitcoin and Ethereum. While Bitcoin has been the dominant cryptocurrency, accounting for over 50% of the total market cap, the market share of Ethereum has been steadily increasing. This trend is expected to continue, making Ethereum a strong contender for a spot ETF in the US. Investor Allocation Trends in International Crypto ETP Markets In addition to market sizes, Hougan also considers invest...