Bitwise CIO: In the future, there will be larger-scale digital asset ETPs launched, and the definition of cryptocurrency will be key to market development

2025-02-20 13:36:36

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ChainCatcher news, according to the Financial Times, Bitwise Asset Management Chief Investment Officer Matt Hougan stated that looking ahead to the next 10 years, there will definitely be larger digital asset ETPs launched, and this ETP could be an index-based product.

Since November 2024, there has been a surge of cryptocurrency ETF applications in the United States, based on cryptocurrencies such as Solana, XRP, and Litecoin. Matt Hougan added that resolving the dispute over the definition of cryptocurrencies as securities or commodities may open the floodgates for market development: "Unless we get a clear definition, it will hinder market development. But once we have those definitions, I believe there will be explosive growth in U.S. products."

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Digital assets ETF ETP

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