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Bitwise CIO Says Market Performance Drove DAT Premium Compression

Matt Hougan said Bitcoin ETF launches affected digital asset treasury valuations less than he expected. He said premiums could return in a new Bitcoin bull market.

By Enna Lee
Published
Mentioned assets
A Bitcoin token rests on a nearly balanced brass scale / TokenPost.ai (macro)
A Bitcoin token rests on a nearly balanced brass scale / TokenPost.ai (macro)

Bitwise Chief Investment Officer Matt Hougan said market performance has played a larger role in shrinking digital asset treasury company premiums than the launch of Bitcoin (BTC) exchange-traded funds.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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