The Chief Investment Officer of Bitwise, Matt Hougan, published a note for clients urging the diversification of investments in crypto assets. He compared the current state of the crypto market to the internet technology sector in 2004, noting that historically, investors achieve better results by investing in a basket of various assets.
This is reported by Бізнес • Медіа
In his note dated May 13, 2025, Hougan stated:
«When it comes to crypto assets, Bitcoin is king. But history shows that investors benefit from having a basket.»
The expert highlighted the recent surge in Ethereum, which jumped sharply to $2700 after the Pectra upgrade on May 8-9, 2025. This increase prompted investors to consider the merits of diversifying their investments beyond just Bitcoin.
Hougan compared this situation to selecting stocks in the internet technology sector in 2004, noting that investors focused on companies like Google, whose stock rose by over 6300%. He also cited Netflix as an example of a company with positive momentum.
According to the expert, blockchain technology has immense potential, and new ways to utilize it may emerge in the future. Hougan highlighted several projects that could be part of a potential investment basket, including Bitcoin, Ethereum, Solana, Chainlink, and others. He recommends that anyone interested in blockchain technology consider these assets but advises investing in other cryptocurrencies only if there is already an investment in Bitcoin.