27-02-2024 10:20 via newsbtc.com

Bitwise CEO: Bitcoin Had Its ‘IPO Moment’, What It Means For Price

In a statement via X (formerly Twitter), Hunter Horsley, CEO of Bitwise Invest, shared insights from a recent memo to advisors and institutional clients penned by Matt Hougan, Bitwise’s Chief Investment Officer. The memo heralded the onset of a new era for Bitcoin, likening its current trajectory in the financial markets to having an ‘initial public offering’ (IPO) moment, signaling a major shift in price discovery mechanisms for the cryptocurrency.
Bitcoin’s IPO Moment
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