Matt Hougan, the CIO of Bitwise, highlights DeFi tokens’ undervalued status as changes in U.S. Regulations could enhance investment appeal. Layer-1 blockchains like Aptos and Sui might attract institutional investors.
Bitwise has proactively applied for an Aptos ETF, indicating confidence in its potential, while the application for a Sui ETF is not yet in progress. This move reflects Bitwise’s focus on promising DeFi projects.
As regulatory attitudes shift, growth opportunities in the DeFi sector appear more favorable. Hougan notes the potential for utility tokens to transition into value-driven models, further enhancing their institutional investment appeal.