The 2 Types of Investors Driving Interest in Crypto - Ep.149

Matt Hougan, chief investment officer of Bitwise Asset Management, discusses a milestone Bitwise reached this week -- hitting $100 million in assets under management. He also covered what has been driving interest in Bitwise products the two types of customers who have been especially interested in purchasing crypto assets this year and why what this says about the maturation of the industry compared to during the 2017 bubble how conversations with Bitwise customers have changed since then what impact this week's bullish JPMorgan research note about Bitcoin could have on investors and why it was so significant what the significance will be of the integration of bitcoin, ether and other cryptocurrencies by PayPal next year  how Microstrategy and Square putting Bitcoin on their balance sheets will pave the way for other corporations to do so how the new Fed policy of targeting an average 2% inflation rate could affect Bitcoin how recent regulatory actions, such as with BitMEX, affect the likelihood of a Bitcoin ETF being approved in the next few years how a company like Bitwise, which interfaces with traditional investors, creates viable investment vehicles around DeFi for its clientele what a Trump win vs. a Biden win could mean for the crypto industry   Thank you to our sponsor! Crypto.com: http://crypto.com   Episode links: Matt Hougan: https://twitter.com/Matt_Hougan Bitwise: https://www.bitwiseinvestments.com   Bitwise reaches $100 million in AUM: https://www.prnewswire.com/news-releases/bitwise-surpasses-100-million-in-assets-under-management-due-to-rising-demand-for-crypto-from-hedge-funds-and-financial-advisors-301161317.html?tc=eml_cleartime   JPMorgan research note on Bitcoin: https://fortune.com/2020/10/26/jp-morgan-chase-bitcoin-predictions-analyst-jpm-cryptocurrency/ https://twitter.com/DTAPCAP/status/1319703750450302980?s=20   Matt's piece on the significance of the OCC letter giving banks the authority to custody crypto assets: https://www.forbes.com/sites/matthougan/2020/07/27/the-occs-notice-on-crypto-is-a-really-big-deal/   Matt's essay on how the Fed's new approach to inflation could affect Bitcoin: https://www.forbes.com/sites/matthougan/2020/09/22/this-new-fed-policy-could-be-a-game-changer-for-bitcoin/   Matt's post on DeFi: https://www.forbes.com/sites/matthougan/2020/07/13/why-ethereum-has-valuethe--opportunity-in-programmable-money--defi/#67e88a364818   News Recap: https://unchainedpodcast.com/a-binance-decoy-for-us-regulators/