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Bitwise Hougan says indexes are his preferred way of investing in crypto

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.

Crypto index funds could provide a better…

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