Bitcoin investing: CIO breaks down how to value crypto, why to buy
Bitwise Asset Management This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Matt Hougan is the chief investment officer of San Francisco-based Bitwise Asset Management, whose $542 million Bitwise 10 Crypto Index Fund (BITW) has returned 242% since its launch. Hougan and Bitwise researcher David Lawant break down five approaches to valuing bitcoin and cryptocurrencies in a new 64-page research brief published by the CFA Institute. Their research suggests that while there is no ...