Bitwise CIO Calls Crypto Crash a ‘Blip’ as Market Bounces Back With $338M ETF Inflows
The post Bitwise CIO Calls Crypto Crash a ‘Blip’ as Market Bounces Back With $338M ETF Inflows appeared on BitcoinEthereumNews.com.
Bitwise CIO Matt Hougan said the recent crypto crash is a “temporary blip” in a strong bull market. This comes as the crypto market bounces back due to rising ETF inflows. Bitwise CIO Dismisses Crypto Crash as Short-Lived Panic In a recent post, Matt Hougan, Chief Investment Officer at Bitwise, addressed the crypto crash. He described it as a “momentary shakeout” that failed to dent the industry’s long-term outlook. The crash, which erased billions in leveraged positions, began late Friday after President Trump announced plans for a 100% tariff on Chinese imports. The move led to Bitcoin plunging as much as 15% and altcoins like Solana tumbling as much as 40%. However, the market quickly stabilized. By Monday morning, Bitcoin had climbed back to around $115,000. This nearly erased the losses from the sudden downturn. Hougan noted that while such volatility can be unnerving, “nothing fundamental” about the crypto landscape had changed. “Events like these test the system,” the Bitwise CIO said. “But the infrastructure held up well. DeFi protocols such as Uniswap, Aave, and Hyperliquid performed flawlessly, even as centralized exchanges like Binance faced temporary disruptions.” He added that the episode showed how much stronger the digital asset ecosystem has become. “In traditional markets, such a rapid unwind could have had deeper consequences. Here, we saw the market reset, catch its breath, and continue forward.” Hougan emphasized that such volatility is “par for the course” in emerging markets, especially when global uncertainty spills into digital asset trading. He believes the long-term picture remains strong, supported by increasing institutional allocation. Market Recovers as ETFs See $338 Million in Fresh Inflows In line with Bitwise CIO optimism, crypto markets showed strong signs of recovery. According to SoSoValue data, on October 14, spot Bitcoin and Ethereum ETFs recorded net inflows of $338…
Filed under: News - @ October 15, 2025 12:26 pm