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Bitwise CEO: Expects a new wave of growth for Crypto Assets ETF products
BlockBeats news, on November 20, according to CNBC, Bitwise CEO Hunter Horsley stated, “The crypto world is going to see an ETF feast. I believe there will be over 100 products launched. We will see a large number of single asset Crypto Assets trading products (ETP) on trading platforms. However, what excites me the most is the rise of index-based Crypto Assets ETPs.” Despite the difficult market conditions, he still believes that index ETPs will be one of the most important stories in the crypto space next year and eventually become one of the largest categories of interest for investors. Hougan added, “This industry will be ten times larger in the future than it is now.” Bitwise launched a Solana staking ETF on October 28, which tracks the price of the Crypto Asset Solana.