The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, published a note for clients urging investors to consider diversifying their investments in crypto assets. He compared the current cryptocurrency market to the internet technology sector in 2004, noting that an investment basket performs better than individual assets.
This is reported by Finway
In the note dated May 13, 2025, Hougan emphasized:
“When it comes to crypto assets, Bitcoin is king. But history shows that investors benefit more from having a basket.”
The expert also pointed out the rise of Ethereum, which occurred after the Pectra upgrade on May 8-9, 2025, when its price surged to $2700. This increase sparked discussions among investors about the feasibility of diversifying investments not only in Bitcoin but also in other crypto assets.
Using internet companies like Google as an example, Hougan highlighted that the corporation’s stock has risen over 6300% since its IPO. He also noted that it wasn’t just Google that demonstrated positive dynamics; Netflix serves as an example of how a company can successfully grow.
The expert believes that blockchain technology has significant potential for the future, and new opportunities for its use may emerge in the market. He suggested several crypto assets that could be included in the investment basket, including Bitcoin, Ethereum, Solana, Chainlink, and other projects. For those who are hesitant, Hougan recommends focusing on investments in Bitcoin.