Deep Tide TechFlow News, February 25, According to The Block, Bitwise CIO Matt Hougan pointed out in a recent client memo that there is a significant gap between investors’ understanding of cryptocurrencies and the actual activities of financial institutions. He believes that due to anchoring bias, many investors remain stuck in outdated perceptions and fail to recognize that the financial market is accelerating its shift toward on-chain infrastructure. Hougan listed tokenization projects by institutions such as BlackRock, Apollo, and JPMorgan, emphasizing that the traditional financial market is huge (ETFs around $30 trillion, stocks about $110 trillion), while the current tokenized assets are only about $20 billion, indicating enormous growth potential. He stated that this disconnect between perception and actual development could create opportunities for forward-looking investors.
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Bitwise CIO: Wall Street Accelerates On-Chain Development, Cryptocurrencies May Be Structurally Misjudged
Deep Tide TechFlow News, February 25, According to The Block, Bitwise CIO Matt Hougan pointed out in a recent client memo that there is a significant gap between investors’ understanding of cryptocurrencies and the actual activities of financial institutions. He believes that due to anchoring bias, many investors remain stuck in outdated perceptions and fail to recognize that the financial market is accelerating its shift toward on-chain infrastructure. Hougan listed tokenization projects by institutions such as BlackRock, Apollo, and JPMorgan, emphasizing that the traditional financial market is huge (ETFs around $30 trillion, stocks about $110 trillion), while the current tokenized assets are only about $20 billion, indicating enormous growth potential. He stated that this disconnect between perception and actual development could create opportunities for forward-looking investors.