Many terrible cryptos are trading at 'crazy valuations,' warns Bitwise CIO – Cointelegraph
Bitwise Chief Investment Officer Matt Hogan has warned investors to approach highly valued crypto projects with skepticism due to a “wealth effect” occurring in the crypto market. He noted that traders are reallocating some of their Bitcoin (BTC) to other crypto investments, causing a market-wide price increase. In recent series, Post On X, Hogan said […]
Bitcoin ETF Issuers May Dwindle by End of Year, Says Valkyrie CIO – Decrypt
Stephen McClurg, chief investment officer at Valkyrie Funds, said the Spot Bitcoin exchange-traded fund (ETF) is approaching its first month of operation, but the ETF space could shrink by the end of the year. Stated. McClurg predicts that only “about seven or eight” of the 10 issuers currently operating will survive.he tells the reason DecryptionThat’s […]