🚨 **MARKET NEWS:** **Insights from Bitwise!** 🚨

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, has just provided an important assessment of the cryptocurrency market cycle.

He believes that the "crypto winter" actually began in January 2025. However, this phase has been obscured by the influx of capital from ETF funds and DAT flows.

Nonetheless, Matt Hougan also expressed optimism: "We are closer to the end point than the starting point."

💡 **This provides a new perspective on the current cycle, hinting at the potential for recovery in the future.**

#Crypto #MarketUpdate #Bitwise #ETFflows