Bitwise’s CIO predicts an ‘ETF festival’ in crypto post-government reopening.

The reopening of the U.S. government after the shutdown could trigger a rise in recently affected cryptocurrencies due to the emergence of new exchange-traded products. This was stated by Bitwise’s Chief Investment Officer Matt Hougan in an interview with CNBC. 

“An ETF festival will begin in cryptoland. I think there will be more than a hundred. We will see many crypto-ETP based on a single asset. But what excites me…