Bitwise's CIO, Matt Hougan, discusses the driving forces behind the current crypto rally, citing institutional interest, Bitcoin ETF speculation, and a shift to inflation-resistant assets. He predicts new all-time highs for Bitcoin in 6-12 months, declaring the end of the crypto winter.

On June 16th, Bitwise Asset Management submitted a new application to amend the proposed rules for a Bitcoin-linked Exchange-Traded Fund (ETF). Previously, the U.S. Securities and Exchange Commission (SEC) rejected Bitwise's previous ETF application in June 2022 due to concerns about insufficient market surveillance...