{"id":859221,"date":"2025-07-01T01:12:15","date_gmt":"2025-07-01T06:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/01\/missed-ethereums-37-rally-bitwise-cio-urges-go-beyond-bitcoin\/"},"modified":"2025-07-01T01:12:15","modified_gmt":"2025-07-01T06:12:15","slug":"missed-ethereums-37-rally-bitwise-cio-urges-go-beyond-bitcoin","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/01\/missed-ethereums-37-rally-bitwise-cio-urges-go-beyond-bitcoin\/","title":{"rendered":"Missed Ethereum\u2019s 37% rally? Bitwise CIO urges \u2013 Go beyond Bitcoin!"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div id=\"single-post-wrapper\">\n<p><img width=\"1200\" height=\"675\" alt=\"bitcoins ETH crypto Bitwise\" decoding=\"async\" fetchpriority=\"high\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20675'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise-1200x675.jpg 1200w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise-300x169.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise-1024x576.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise-768x432.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise-1536x864.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise.jpg 1920w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/ETH-crypto-Bitwise-1200x675.jpg\">\n\t\t\t\t\t\t<\/p>\n<div>\n<div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"bitcoins Avatar\" height=\"48\" width=\"48\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%2048%2048'%3E%3C\/svg%3E\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Benja-80x80.jpeg\"><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<div>\n<h4>Share this article<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<ul>\n<li><em><span>Bitwise CIO implored crypto investors to go beyond Bitcoin.\u00a0<\/span><\/em><\/li>\n<li><em><span>Some crypto indices outperformed BTC over the past five trading days.\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><span>Bitwise CIO Matt Hougan has championed a diversified crypto portfolio after last week\u2019s <\/span><a href=\"https:\/\/ambcrypto.com\/category\/ethereum-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span>Ethereum [ETH]<\/span><\/a><span> 37% pump sidelined many investors. <\/span><\/p>\n<p><span>ETH dropped 60% in the past four months amid heightened FUD and overall headwinds linked to the U.S.-China tariff war.\u00a0<\/span><\/p>\n<p><span>This pushed some investors to Bitcoin and other altcoins like <\/span><a href=\"https:\/\/ambcrypto.com\/category\/solana-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span>Solana [SOL]<\/span><\/a><span> and <a href=\"https:\/\/ambcrypto.com\/predictions\/ripple-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ripple [XRP]<\/a>. As a result, last week\u2019s ETH pump may have caught many by surprise.<\/span><\/p>\n<h2>Bitcoins <strong>Go beyond BTC, says Hougan\u00a0\u00a0<\/strong><\/h2>\n<p><span>To capitalize on such an opportunity, Hougan urged investors to go beyond BTC.\u00a0<\/span><\/p>\n<blockquote>\n<p><span>\u201cBitcoin is the king of crypto assets\u2014the largest, most liquid, and most established. And yet I think most investors should own other crypto assets.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span>He referenced the early internet boom in 2004, where Google dominated the search market. <\/span><\/p>\n<p><span>But the internet was the general purpose layer (tech) supporting several verticals and segments like social media, retail, video, B2B software etc.\u00a0<\/span><\/p>\n<p><span>In fact, as of 2025, Google did well, but other leaders in key verticals like Netflix performed exceptionally well, something that wasn\u2019t obvious in 2004, added Hougan.<\/span><\/p>\n<div id=\"attachment_491256\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094656.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-491256\" alt=\"bitcoins ETH\" width=\"759\" height=\"469\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20759%20469'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094656.png 759w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094656-300x185.png 300w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094656.png\"><\/a><\/p>\n<p id=\"caption-attachment-491256\">Source: Bitwise<\/p>\n<\/div>\n<p><span>Hougan believed that a similar scenario could play out for blockchains, which he equated to general-purpose tech like the internet.\u00a0<\/span><\/p>\n<blockquote>\n<p><span>\u201cYou can use a blockchain to create a better form of money (Bitcoin) or to create a programmable network for transferring \u201creal-world assets\u201d (Ethereum, Solana, Avalanche).\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span>He added that each network may offer different returns over time.\u00a0<\/span><\/p>\n<blockquote>\n<p><span>\u201cIf, for instance, you\u2019re intrigued by the idea of nearly all the world\u2019s assets moving onchain\u2014history suggests you\u2019d want to own a basket of crypto assets: Bitcoin, Ethereum, Solana, Chainlink, and more.\u201d<\/span><\/p>\n<\/blockquote>\n<div id=\"attachment_491258\">\n<p><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094859.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-491258\" alt=\"bitcoins ETH Bitwise\" width=\"712\" height=\"283\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20712%20283'%3E%3C\/svg%3E\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094859.png 712w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094859-300x119.png 300w\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-14-094859.png\"><\/a><\/p>\n<p id=\"caption-attachment-491258\">Source: Bitwise<\/p>\n<\/div>\n<p><span>The diversified crypto portfolio is the idea behind crypto index ETFs. In fact, from a traditional perspective, Hougan noted that individual equity funds have lagged behind indices.\u00a0<\/span><\/p>\n<blockquote>\n<p><span>\u201cOver the past 20 years, actively managed U.S. equity funds have underperformed their benchmark indexes 97% of the time.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span>Interestingly, Google Finance data, on the lower 5-day timeframe, supported his thesis.\u00a0<\/span><\/p>\n<p><span>Compared to other crypto indices like Bitwise Crypto 10, Hashdex Crypto Index and S&#038;P Crypto MegaCap Futures, BTC rallied less than 1%. But the crypto indices and ETH surged 13% over the same period.\u00a0<\/span><\/p>\n<p><span>Simply put, BTC investors could have gained an extra 13% or more if they were diversified to other crypto assets via ETFs or directly.\u00a0\u00a0<\/span><\/p>\n<div>\n<h4>Share<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p> Benjamin Njiri <a href=\"https:\/\/ambcrypto.com\/missed-ethereums-37-rally-bitwise-cio-urges-go-beyond-bitcoin\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Share this article Bitwise CIO implored crypto investors to go beyond Bitcoin.\u00a0 Some crypto indices outperformed BTC over the past five trading days.\u00a0 Bitwise CIO Matt Hougan has championed a diversified crypto portfolio after last week\u2019s Ethereum [ETH] 37% pump sidelined many investors. ETH dropped 60% in the past four months amid heightened FUD<\/p>\n","protected":false},"author":1,"featured_media":859222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69969,2233],"tags":[11476],"class_list":["post-859221","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereums","category-missed","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/859221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=859221"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/859221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/859222"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=859221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=859221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=859221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}