Bitwise Hougan says indexes are his preferred way of investing in crypto
The crypto market could see a 10-20x growth over the next decade, but correctly predicting which chains or projects will win can be a hassle, according to Bitwise CIO Matt Hougan.
“Outcomes will be shaped by regulation, execution, macro conditions, the actions of a few key individuals, luck, and a hundred other variables. Forecasting all of that correctly would require supernatural foresight,” wrote Hougan in a Tuesday note.
SEC Chair Paul Atkins recently stated that US equities could move onchain within the next few years, a scenario that could spark a 100,000x growth in the digital asset market. However, one can largely miss out on those gains without investing in the right project, Hougan noted.
