R&D vice president and ETF veteran, Matt Hougan, takes his
new position at the San Francisco-based Bitwise Asset Management
after leaving behind the traditional fund market and jumping aboard cryptocurrencies.
“Cryptocurrencies are a generationally significant opportunity with interesting challenges.”In a recent interview with Bloomberg, Hougan expressed his optimism:
“The pathway to $1 trillion eventually is fairly certain. How we get there is going to be volatility and uncomfortable. I think we’ll get there pretty soon, though. I wouldn’t be surprised if we ended the year with a cumulated market cap of over $1 trillion. But I wouldn’t be surprised if there were a significant drawdown again before we got there”.
No comments:
Post a Comment