Bitwise CIO Matt Hougan sheds light on the factors behind the market pullback.
Over the weekend, crypto prices fell sharply across the board, with some crypto assets trading 20% to 30% off their highs. What’s behind the recent volatility? How can investors put it into context? And what’s the outlook from here? In this video, Bitwise CIO Matt Hougan sheds light on the factors behind the market pullback.
Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers, offering both index and active strategies across a wide array of investment vehicles. The firm is known for creating the world’s largest crypto index fund (OTCQX: BITW), a suite of crypto-focused equity and futures ETFs, and investment products that span Bitcoin, Ethereum, DeFi, NFTs, and the Metaverse. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal.