Matt Hougan Predicts Rising Institutional Interest in Altcoins – BitRss

Matt Hougan, the CIO of Bitwise, has stated that institutional interest in altcoins will increase next year. He emphasizes that this rise will largely depend on the clarification of regulatory uncertainties and the emergence of more exchange-traded funds (ETFs).

Corporations Shift Towards Crypto Assets

In a recent interview with Bloomberg, Hougan mentioned that institutional capital is beginning to flow into cryptocurrencies beyond Bitcoin $95,329. He anticipates a growing number of institutions looking to invest in other cryptocurrencies such as Ethereum $3,297 and Solana