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Why This ETF Expert Is Bullish on Ethereum and Says Washington’s Crypto Stance Is Misunderstood

According to Matt Hougan, the chief investment officer of crypto fund issuer Bitwise, the era of cryptocurrency exchange-traded funds (ETFs) is just beginning. Bitwise has seen success with its bitcoin and ether ETFs, attracting billions of dollars in assets under management. Hougan believes that crypto will become normalized in investment portfolios, and investors will seek access to a variety of crypto investment vehicles. He also argues that Ethereum's appeal is being underestimated by crypto-native investors, as it is the platform for many tokenization projects and crypto applications. Additionally, Hougan suggests that the regulatory landscape for crypto in the US is improving, regardless of the outcome of the presidential election. While politicians can exhibit a range of opinions on crypto, Hougan believes that crypto will flourish as long as Washington does not impede its progress.

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