Bitwise CIO Positions Ethereum As Leading Investment Over Bitcoin: Here’s Why | Headlines | News | CoinMarketCap
10/03/2023 19:09
In a detailed tweet that caught the attention of the crypto community, Bitwise chief information officer (CIO) Matt Hougan put forth five …
In a detailed tweet that caught the attention of the crypto community, Bitwise chief information officer (CIO) Matt Hougan put forth five comprehensive reasons explaining why he believes Ethereum (ETH) stands out as a more compelling investment opportunity than even Bitcoin. Notably, Bitwise is among the firms that launched their Ether futures ETFs yesterday, as well as among the contenders for a Bitcoin spot ETF.
Why Ethereum Could Outperform BTC
Beginning with his primary reason, Hougan emphasized the network’s role as a revolutionary global computing platform. He tweeted, “Ethereum is targeting the largest investment opportunity in crypto; bigger, even, than Bitcoin (and I love Bitcoin). Ethereum is a new global computing platform that could rewire how the entire financial industry …