Bitwise Investment Director: Investors are now starting to build positions for crypto assets in the next few years

Odaily News Bitcoin has reached a record high as Trump's victory is confirmed. Matthew Hougan, investment director of Bitwise Asset Management, believes that the entire cryptocurrency industry has been tied up for many years, but now it should come to an end. Investors have now begun to build positions for crypto assets in the next few years. Hong Kong-listed virtual currency ETFs all performed well yesterday. Boshi Bitcoin, which holds Bitcoin spot, rose 7% to close at 57.04 yuan, a new high since its listing. Huaxia Ethereum, which holds Ethereum spot, rose 6.9% to close at 6.28 yuan. Virtual currency ETFs traded in RMB rose even more significantly, with Huaxia Bitcoin rising 8.1% to 8.41 yuan and Huaxia Ethereum rising 7.3% to 5.79 yuan.