Summary
- Bitwise CEO Hunter Horsley stated that now is a very appropriate time to add crypto assets to portfolios.
- CEO Horsley emphasized that, for the first time this year, the biggest risk in the crypto asset market has been eliminated.
- He explained that the current environment, where high returns are expected and the overhang risk has disappeared, provides a very favorable backdrop for investing in crypto assets.
According to crypto asset (cryptocurrency) specialist media Daily Hodl on the 4th (local time), Bitwise CEO Hunter Horsley stated in an interview with CNBC that "now is a very appropriate time to include crypto assets in a portfolio," expressing an optimistic outlook for the market.
He emphasized, "There is no free lunch in investing, and only those who take risks can be rewarded," adding, "For the first time this year, the biggest risk in the crypto asset market has been removed."
He continued, "While the current market offers high return expectations, the overhang (pending sell volume) risk has disappeared," and added, "A very favorable environment for investing in crypto assets has been created."
These remarks came amid recent trends of greater institutional acceptance of crypto assets and the clarification of major regulatory uncertainties.
JH Kim
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