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 crypto asset manager with more than $15 billion in client assets and a suite of over 30 crypto investment products spanning ETFs, separately managed accounts, private funds, hedge fund strategies, and staking. The firm has an eight-year track record and today serves more than 4,000 private wealth teams, RIAs, family offices and institutional investors as well as 15 banks and broker-dealers. The Bitwise team of over 100 technology and investment professionals is backed by leading institutional investors and has offices in San Francisco, New York, and London.
