Bitwise CEO: Expects Cryptocurrency ETF Product to See Another Surge

BlockBeats News, November 20th, according to CNBC's report, Bitwise CEO Hunter Horsley stated, "The crypto world will see an ETF feast. I think there will be over 100 products launched. We will see a lot of single-asset crypto exchange-traded products (ETPs). However, what excites me the most is the growth of index-based crypto ETPs."

Despite the tough market conditions, he still believes that index ETPs will be one of the most important stories in the crypto space next year and ultimately become one of the largest categories of investor attention.

Hougan added, "This industry will be ten times bigger in the future than it is now." Bitwise launched a Solana staking ETF on October 28th, which tracks the price of the cryptocurrency Solana.