

Episode 14: Crypto: “Finance hasn’t been disrupted – until now.”
Aug 14, 2025
39:24
How does crypto fit into institutional portfolios? In this episode, Ben Ashby and Tom Threlfall, CFA, sit down with Matt Hougan, CIO of Bitwise Asset Management, to explore the institutionalisation of digital assets.
Matt, Ben, and Tom explore how crypto began as from a frontier technology to something gaining institutional adoption, alongside the implications of recent regulatory shifts in the US. Matt also looks at the separation between Bitcoin and programmable blockchains like Ethereum, and the emergence of decentralised finance (DeFi), before outlining a framework for crypto asset allocation within diversified portfolios, and discusses the macroeconomic backdrop shaping digital asset adoption.
Disclaimer: The views in this podcast are personal opinions and do not represent CFA UK. This content does not constitute financial advice.