In Episode 11 of Layer One, The Block’s Kelvin Sparks and special co-host Ava Labs President John Wu are joined by Matt Hougan, CIO of Bitwise, to discuss the launch of the Avalanche ETP and how institutional investors are approaching crypto exposure.
He breaks down the rapid expansion of tokenized real-world assets, the role of ETFs in onboarding capital, and why this cycle may differ from previous ones.
OUTLINE
00:00 - Introduction
01:40 - Avalanche ETP Overview
02:45 - ETF Differentiation
04:34 - Staking and Yield
06:19 - Institutional Strategy
09:04 - Competing L1 Models
14:22 - Bitcoin Price Thesis
18:49 - Dual Market Narratives
21:57 - Institutional Capital Flows
30:02 - AI and Crypto Future
Guest links:
Matt Hougan - https://x.com/Matt_Hougan
Bitwise - https://x.com/Bitwise
Ava Labs - https://x.com/avalabs
Host links:
John Wu - https://x.com/John1wu
Kelvin Sparks - https://x.com/imyoungsparks
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