Timely Insights
A Lion Finds Its Voice: Why the Crypto Infrastructure Bill Debate Changes Everything
San Francisco • August 17, 2021
In this issue, we discuss:
For most of its existence, crypto has faced existential or nearly existential threats.
Over the years, those threats have slowly been removed. The last such threat — that the U.S. government would regulate crypto to death — may have died last week on the floor of the U.S. Senate.
Facing a significant regulatory threat, the crypto industry found its political voice … and it was much stronger than anyone imagined.
The implications — for crypto’s future, for portfolio construction, and for institutional adoption — are significant.
About Bitwise
Bitwise Asset Management is the largest crypto index fund manager in America. Thousands of financial advisors, family offices, and institutional investors partner with Bitwise to understand and access the opportunities in crypto. For seven years, Bitwise has established a track record of excellence managing a broad suite of index and active solutions across ETFs, separately managed accounts, private funds, and hedge fund strategies. Bitwise is known for providing unparalleled client support through expert research and commentary, its nationwide client team of crypto specialists, and its deep access to the crypto ecosystem. The Bitwise team of more than 90 professionals combines expertise in technology and asset management with backgrounds including BlackRock, Millennium, ETF.com, Meta, Google, and the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and has been profiled in Institutional Investor, Barron’s, Bloomberg, and The Wall Street Journal. It has offices in San Francisco, New York, and London.
