Talking about Bitcoin ETFs with Matt Hougan (Ep. 72)

Bitcoin ETFs are one of the most anticipated and debated developments in the crypto space. 

What are the implications for the market, the economy, and crypto's future? 

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, speak with Matthew Hougan, Chief Investment Officer at Bitwise Asset Management about the impact of Bitcoin ETFs on the market, offering a new investment avenue. They explore Bitcoin's role as an asset class or currency within traditional portfolios. Ryan and Sonu also cover the CPI data, its implications for inflation, and market expectations.

Listen to the episode to learn about:

• The Consumer Price Index (CPI) data
• The stock market’s performance, historical seasonality, and the likelihood of a market pullback
• The increase in household net worth and credit card debt, highlighting the overall financial situation of consumers
• The significance of Bitcoin ETF approval and its impact on financial advisors and investors
• Fund flows from GBTC to new Bitcoin ETFs
• Adding Bitcoin to portfolios, its historical returns, volatility, and the potential benefits for investors
• The likelihood of Ethereum ETFs
• Short-term and long-term drivers of Bitcoin’s value
• And more!

Resources:

• Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com 

Connect with Matthew Hougan: 

• LinkedIn: Matthew Hougan
• X: Matt Hougan 
• Bitwise Asset Management

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese

About Our Guest:

Matt Hougan is a well-known expert in the fields of cryptocurrency, ETFs, and financial technology. He currently serves as the Chief Investment Officer at Bitwise Asset Management, which is the world's largest provider of cryptocurrency index funds and manages over $1.5 billion in assets.

Before this, he was the CEO of ETF.com and Inside ETFs. During his tenure, he played a key role in developing the world's first ETF data and analytics system, the most popular ETF media platform, and the world's largest ETF conference.

Matt serves as a board member for Equbot and is also a strategic advisor to several startups related to cryptocurrency and financial advising, such as Blockworks, Stratifi, and Exchange. He co-founded Advisor Circle, which is a product and content studio for the financial industry and also created the Futureproof Wealth Festival.