Bitwise Chief Investment Officer: Diversifying Crypto Portfolio Could Lead to Higher Returns

Bitwise Chief Investment Officer Matt Hougan recently pointed out that while "Bitcoin is the king of crypto assets," historical experience shows that a diversified crypto portfolio can lead to higher returns. Hougan compared the current crypto market to the Internet investment environment in 2004, when Google was dominant, but other tech giants such as Amazon and Netflix ultimately performed better.
The price of Ethereum has surged by 40% recently, which analysts believe is due to the stablecoin boom, Layer 2 institutionalization, and ETH short position squaring. Hougan emphasized that blockchain, as a general technology, has a wide range of future application scenarios. Different blockchains serve different fields, and long-term investment returns may vary significantly.