Bitwise Chief Investment Officer: The market will usher in a crypto ETF explosion

Odaily
Odaily
ETH-0.45%
SOL+2.31%
BTC+1.33%
SHIB+1.34%
BCH+1.13%
DOGE+0.50%
LTC+1.94%
DOT+3.02%
ADA+1.92%
XRP+1.44%
LINK+1.58%
HBAR+2.51%
AVAX+5.03%

Original link: "Bitwise Chief Investment Officer: Please Get Ready for the Crypto ETF Feast"

Original author: Matt Hougan, Bitwise Chief Investment Officer

Original compilation: Luffy, Foresight News

In the usual CIO memo, I try to express my opinion on market dynamics. For example, last week I wrote about why it's "Solana season" and predicted that Ethereum's main competitor would be strong at the end of the year. Since then, SOL has risen by 7.72%, which is pretty good.

But observing the crypto market these days is like watching a pre-game show for the Super Bowl. The market is poised for a significant year-end rally due to interest rate cuts, a surge in ETP (ETP) inflows, heightened concerns about the US dollar, and strong momentum in tokenization and stablecoins. However, as investors, we are mostly on the sidelines, why?

First, historically, August and September have been the two worst months of the year for cryptocurrencies. But the more...

Show original
Visit source
15.8K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.