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Bitwise CIO on DATs: Only companies executing complex strategies are likely to reap market rewards.
November 6, 2025
CoinFeed News
Bitwise CIO Matt Hougan stated that not all digital asset trusts (DATs) are worth trading at a premium. Only companies like MicroStrategy, which execute complex strategies, are likely to be rewarded by the market. "Lazy" DATs, which simply buy and hold crypto assets, may eventually end up trading at a discount.