Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action.
“I’m somewhere between embarrassed and excited with the fact that Bitwise doesn’t have one, because I do think that would be a great product,” Matt HouganHougan said he has “extraordinary confidence” that the Ethereum ecosystem will evolve but said it’s still up in the air which layer 2s and applications will come out on top.
“So the best way to approach that would be to own them all, which would be a great product for what it’s worth.”Meanwhile, Hougan said he was concerned the market may not be ready for a spot Ethereum exchange-traded fund by May and hopes the United States securities regulator pushes back approval until December.
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