A Lion Finds Its Voice: Why the Crypto Infrastructure Bill Debate Changes Everything
San Francisco • Aug 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.
Bitwise Asset Management is a global asset manager specializing in crypto and onchain finance with a nine-year track record and more than $14 billion in client assets. The firm’s suite of over 70 investment products—spanning ETFs, option income strategies, model portfolios, DeFi vaults, tokenized funds, and staking—helps investors access opportunities across the financial frontier. Bitwise serves more than 5,500 private wealth teams, RIAs, family offices, and institutional investors, as well as 21 banks and broker-dealers. The company is headquartered in San Francisco, with offices in New York and London.
