CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

AMB Crypto 2025-05-14 12:00:20

Missed Ethereum’s 37% rally? Bitwise CIO urges – Go beyond Bitcoin!

Bitwise CIO implored crypto investors to go beyond Bitcoin. Some crypto indices outperformed BTC over the past five trading days. Bitwise CIO Matt Hougan has championed a diversified crypto portfolio after last week’s Ethereum [ETH] 37% pump sidelined many investors. ETH dropped 60% in the past four months amid heightened FUD and overall headwinds linked to the U.S.-China tariff war. This pushed some investors to Bitcoin and other altcoins like Solana [SOL] and Ripple [XRP] . As a result, last week’s ETH pump may have caught many by surprise. Go beyond BTC, says Hougan To capitalize on such an opportunity, Hougan urged investors to go beyond BTC. “Bitcoin is the king of crypto assets—the largest, most liquid, and most established. And yet I think most investors should own other crypto assets.” He referenced the early internet boom in 2004, where Google dominated the search market. But the internet was the general purpose layer (tech) supporting several verticals and segments like social media, retail, video, B2B software etc. In fact, as of 2025, Google did well, but other leaders in key verticals like Netflix performed exceptionally well, something that wasn’t obvious in 2004, added Hougan. Source: Bitwise Hougan believed that a similar scenario could play out for blockchains, which he equated to general-purpose tech like the internet. “You can use a blockchain to create a better form of money (Bitcoin) or to create a programmable network for transferring “real-world assets” (Ethereum, Solana, Avalanche).” He added that each network may offer different returns over time. “If, for instance, you’re intrigued by the idea of nearly all the world’s assets moving onchain—history suggests you’d want to own a basket of crypto assets: Bitcoin, Ethereum, Solana, Chainlink, and more.” Source: Bitwise The diversified crypto portfolio is the idea behind crypto index ETFs. In fact, from a traditional perspective, Hougan noted that individual equity funds have lagged behind indices. “Over the past 20 years, actively managed U.S. equity funds have underperformed their benchmark indexes 97% of the time.” Interestingly, Google Finance data, on the lower 5-day timeframe, supported his thesis. Source: Google Finance (Performance as of 14th May, 6:54 UTC) Compared to other crypto indices like Bitwise Crypto 10, Hashdex Crypto Index and S&P Crypto MegaCap Futures, BTC rallied less than 1%. But the crypto indices and ETH surged 13% over the same period. Simply put, BTC investors could have gained an extra 13% or more if they were diversified to other crypto assets via ETFs or directly.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.