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Podcast: Money Life with Chuck Jaffe
Episode: Bitwise's Hougan: Crypto has grown up in '24 and is poised for much more
Description: Matt Hougan, chief investment officer at Bitwise Asset Management, says that the real story in cryptocurrency in 2024 has not been the massive gains in Bitcoin -- which is up about 120 percent year-to-date -- but the way the business has matured, adding crypto ETFs from some of Wall Street's biggest firms. Coupled with the new administration, which is crypto-friendly, it makes Hougan more positive about his outlook for the future, which he says includes plenty of room for crypto to run higher in 2025. John Cole Scott, president of Closed-End Fund Advisors, digs into his mountain of data to divine the...