Crypto Assets Start 2022 in Risk-Off Mode as Fed Tightening Looms
San Francisco • Feb 1, 2022
January saw a continued pullback in crypto assets, driven by the emerging consensus that the Federal Reserve will tighten monetary policy in an effort to tame inflation. In the latest edition of our monthly Advisor Letter, the Bitwise team explores the crypto market’s recent performance and discusses the month’s key developments, including NFT trading volumes, a coming directive from the White House, and how financial advisors’ attitudes toward crypto have shifted.
READ FULL ANALYSISBitwise 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.
