Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action.
Cryptocurrency asset management firm Bitwise has hinted interest in offering an exchange-traded product (ETP) covering Ethereum’s ecosystem of layer 2 networks and applications, according to the firm’s chief investment officer.
“I’m somewhere between embarrassed and excited with the fact that Bitwise doesn’t have one, because I do think that would be a great product,” Matt Hougan explained in an interview with Forbes, published on March 31.
Hougan said he has “extraordinary confidence” that the Ethereum ecosystem will evolve but said it’s still up in the air which layer 2s and applications will come out on top.
