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Bitwise CEO Saw The Positive Effects Of Crypto Volatility

Mary Liu

Summary: "The volatility of crypto is a magical gift for a financial advisor," when guesting on a podcast held by The Block, Bitwise co-founder and CEO Hunter Horsley mentioned the potential of crypto space. Horsley thought that large numbers of traditional portfolio managers and financial advisors have not yet entered the emerging crypto market, and the ...

"The volatility of crypto is a magical gift for a financial advisor," when guesting on a podcast held by The Block, Bitwise co-founder and CEO Hunter Horsley mentioned the potential of crypto space.

Horsley thought that large numbers of traditional portfolio managers and financial advisors have not yet entered the emerging crypto market, and the volatility of the crypto market has a positive effect on attracting Wall Street companies.

"If you're a financial advisor constructing a portfolio that you want to have certain low correlations, you want to have a certain Sharpe ratio, you want to balance across different asset classes. Well, in that case, crypto volatility is actually very useful." He explained.

BY Mary Liu

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