According to the source, Bitwise CEO Hunter Horsley stated that crypto has likely been in a bear market for nearly six months and is almost through it, adding that the setup for digital assets has never been stronger. According to the source, this public statement was made on Nov 17, 2025 and explicitly frames recent market conditions as late-stage bear market with a highly constructive setup for digital assets.

According to Farside Investors, after five days of trading, Bitwise Investment is the second most successful provider of Ethereum ETFs, trailing only behind BlackRock. Bitwise Investment has managed the launch effectively. Key figures involved include Hong Kim, Hunter Horsley, Dan Gertner, and Matt Hougan. Traders should monitor the market closely for further developments on day six.