Bitwise CIO and Metaplanet President Dismiss Bear Market Rumors

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In accordance with Bijié Wǎng, Bitwise Chief Investment Officer Matt Hougan and Metaplanet President Simon Groves have dismissed bear market concerns. Hougan, in an interview with CNBC on November 19, 2025, predicted a surge in crypto ETFs by 2026, forecasting over 100 new ETF/ETP listings. He emphasized the growing trend of investors opting for diversified crypto baskets rather than single-chain bets. Despite a recent 27.5% drop in Bitcoin’s price, both executives remain confident in their long-term strategies. Metaplanet also revealed Fidelity International had invested $7.42 million in 3 million shares of the company. Meanwhile, the Abu Dhabi Investment Council increased its stake in iShares Bitcoin Trust (IBIT) to 8 million shares, and Harvard’s endowment fund boosted its Bitcoin holdings by 257% in Q3 2025.

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