{"id":608742,"date":"2026-06-03T05:53:11","date_gmt":"2026-06-03T05:53:11","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/03\/crypto-turns-contrarian-bet-as-ai-stocks-draw-investor-attention-bitwise\/"},"modified":"2026-06-03T05:53:11","modified_gmt":"2026-06-03T05:53:11","slug":"crypto-turns-contrarian-bet-as-ai-stocks-draw-investor-attention-bitwise","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/03\/crypto-turns-contrarian-bet-as-ai-stocks-draw-investor-attention-bitwise\/","title":{"rendered":"Crypto turns \u2018contrarian bet\u2019 as AI stocks draw investor attention: Bitwise"},"content":{"rendered":"

\"Crypto<\/p>\n

\u201cInvestors still believe in crypto, but now that it\u2019s a contrarian bet, they favor fundamentals over vibes,\u201d says Bitwise investment chief Matt Hougan.\n<\/p>\n

Crypto is turning into a \u201ccontrarian bet\u201d as institutional investors are being drawn to artificial intelligence stocks, says Bitwise chief investment officer Matt Hougan.<\/p>\n

\u201cThe crypto market is brutal right now,\u201d Hougan wrote<\/a> in a market note on Tuesday. \u201cOne major reason is that crypto is no longer the belle of the ball. AI stocks, robotics companies, SpaceX \u2026 who needs crypto when the Nasdaq-100 is up 43% year-over-year?\u201d<\/p>\n

Stocks linked to companies involved in AI have skyrocketed as the technology has captured investor attention after OpenAI launched ChatGPT to the public in late 2022. Shares in Nvidia, which makes computing components key to AI, have gained nearly 1,500% since ChatGPT\u2019s launch.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

\u201cInvestors still believe in crypto, but now that it\u2019s a contrarian bet, they favor fundamentals over vibes,\u201d says Bitwise investment chief Matt Hougan. Crypto is turning into a \u201ccontrarian bet\u201d as institutional investors are being drawn to artificial intelligence stocks, says Bitwise chief investment officer Matt Hougan. \u201cThe crypto market is brutal right now,\u201d Hougan […]<\/p>\n","protected":false},"author":1,"featured_media":608743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-608742","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/608742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=608742"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/608742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/608743"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=608742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=608742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=608742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}