TREE NEWS reports: Bitwise CIO Matt Hougan argues that holding zero crypto is an active bearish position, given the neutral weight is about 2% of global stocks. He notes Wall Street is all-in despite crypto’s 50% decline, citing BlackRock’s tokenized funds and Morgan Stanley’s Solana ETF approval. Hougan recommends a 5% allocation as a ‘free lunch’ and sees BTC’s resilience to bad news as a bullish sign.
Bitwise CIO: 0% Crypto Allocation Is a Bearish Bet
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