
The relentless efforts by Bitwise CEO Hunter Horsley and chief funding officer Matt Hougan’s to convey institutional cash into crypto for the previous seven years lastly paid off when spot ETFs for each bitcoin and ether had been accredited by the SEC earlier this 12 months. The digital asset supervisor launched funds for each, taking its property below administration to north of $10 billion, and a third ETF for Solana could also be within the offing quickly as effectively.
However their efforts within the crypto house go a lot additional than that, as the 2 frequently share insights with their sizable social media followings about their work, pushing the narrative that enormous banks, multi-family places of work and different extremely related institutional traders are “working to open up entry to Bitcoin.”
When it got here to which U.S. presidential candidate they thought could be higher for crypto, Horsley and Hougan continued to remain laser-focused on crypto, saying that the business would win regardless of who took workplace in January. Following Trump’s victory, nonetheless, Hougan declared that we at the moment are getting into the “Golden Age of Crypto.”
This profile is a part of CoinDesk’s Most Influential 2024 bundle. For all of this 12 months’s nominees, click on right here.