Innovation in Asset Management with Teddy Fusaro, President of Bitwise Asset Management

This week’s guest is Teddy Fusaro. Teddy is the President of Bitwise Asset Management, a company focused on bringing crypto education and investment products to professional investors. Prior to Bitwise, Teddy was an executive at multiple alternative and start-up ETF issuers that brought pioneering products to market in regulated wrappers. In his role at IndexIQ, Teddy focused on hedge-fund replication strategies and at Direxion Shares, managed leveraged and inverse ETFs and commodities and managed futures strategies. In those capacities, Teddy oversaw Portfolio Management, Trading, Capital Markets and Operations. He began his career in equity derivatives and credit derivatives at Goldman Sachs & Co.

Not unlike this podcast, Bitwise’s mission is focused on building bridges. They do so by delivering crypto, defi and web3 to traditional financial professionals in familiar product wrappers, as well as by producing institutional grade market research. Bitwise has delivered on their mission early and often, with a variety of innovative products coming to market throughout the years and, in some cases, even releasing research findings that shocked the industry and beyond. We discuss Bitwise and how they differ from other crypto companies. We also step out of our often all consuming “crypto bubble” to talk about how financial advisors and institutional investors are approaching the space given recent market turbulence, crypto position sizing and much more.

Show notes:

[0:07] Introduction to Teddy Fusaro

[2:55] Teddy's journey into crypto and Bitwise

[5:35] How Bitwise is helping bridge the gap between TradFi and DeFi

[8:07] NFT product and "out there" products launched since Bitwise first started

[10:51] Breaking outside the crypto "bubble" and educating folks outside the space

[18:00] Crypto exchanges - how data from shoddy exchanges made its way to mainstream media (and of course the problem with that, and the problem with offshore exchanges)

[20:24] Sentiment from institutional investors and financial advisors regarding Crypto

[25:27] Approach to crypto position sizing

[31:52] How crypto is scaling

[34:42] What should centralized crypto exchanges to promote trust and transparency in the space? What can they learn from DeFi exchanges?

[40:32] Self-regulation - what can this look like in crypto?

[45:57] How recent crypto crises can influence regulation; relating to past financial crises and regulations that were bourn out of those experiences

[48:01] What Bitwise is most excited about when thinking about the future of crypto

[51:16] How does Teddy and Bitwise cut through all the noise and find valuable information

[53:25] Where should folks start with crypto

[58:19] Teddy's drink recommendations (everyone please drink responsibly)

All opinions expressed by your hosts and the podcasts guests are solely their own opinions and do not reflect the opinion of the hosts or any of their affiliates. This podcast is for commercial and informational purposes only, is not investment advice, and should not be relied upon for any investment decisions. We are not recommending any securities or cryptocurrencies, nor is this an offer or sale of a security or cryptocurrency.