Bitwise CIO Matt Hougan discusses the recent selling pressure in the crypto market, attributing it mainly to retail Bitcoin investors taking profits, while institutional investors are steadily increasing their hold through ETFs. He highlights the resilience of dedicated investor groups, such as those supporting XRP, which has seen consistent inflows following a favorable SEC ruling. He speaks with Scarlet Fu, Eric Balchunas and Katie Greifeld on ‘ETF IQ.’